MBA 505 - Quantitative Business Analysis

(3 credits)

This course focuses on the use of modern quantitative methods (management science) to support the managerial decision making process. Particular models examined include those which assist in describing and analyzing problems and those devoted to suggested possible managerial actions. Topics covered include linear programming, inventory models, network models, waiting line models, and introduction to Markov analysis and simulation. Prerequisite: STAT 301 - Quantitative Business Analysis I.