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Course Online Syllabus

Fall 2011

Department MGMTCourse Number3306 Section Number25053
Name of Course Quantitative Decision Making
Name of Instructor Ren,Luh-Yu

This information may not constitute all course policies; students are responsible for all course requirements established by their instructors during the semester and all institutional policies as established in the UHV student handbook.


Learning Objectives

As a result of this course, students will

  1. Know probability concepts and various probability distributions
  2. Know Decision Theory
  3. Understand the sampling distribution of sample mean
  4. Learn Statistical Quality Control
  5. Apply simple and multiple regression analysis in data analysis
  6. Comprehend Forecasting
  7. Know and apply Linear Programming in business
  8. Project Management

Major Assignments/Exams

Attendance and Participation 10%
Homework Assignment  
Exam 1-3 90%

Required Reading

Render, Stair, and Hanna, Quantitative Analysis for Management,10th ed., ISBN 9780136036258.

Textbook


Recommended Reading

Anderson, Sweeney, and Williams, Essentials of Modern Business Statistics,4th edition ed.


List of Discussion/Lecture Topics

  • Introduction
  • Concept of Probability and Discrete Random Variable
  • Decision Theory
  • Normal and F Probability Distributions
  • CLT and Statistical Quality Control
  • Exam 1
  • Regression Model
  • Business Forecasting I
  • Business Forecasting II
  • Exam 2
  • Inventory Control Models
  • Linear Programming
  • Transportation and Assignment Problem
  • Project Management
  • Exam 3