Management Science

MGS 511        Quantitative Business Analysis (3)

This survey course addresses the study of the scientific method as applied to management decisions.  The forepart of this course addresses the development of basic statistics up to hypothesis testing.  Topics coverage also includes (1) bivariate regression analysis, (2) multiple regression analysis, (3) PERT and CPM, (4) linear programming (graphic method only), (5) decision making under uncertainty (including maxi-max, mini-max, and maxi-min techniques) and (6) the basic elements of forecasting (including the classical time series model).