QUANTITATIVE METHODS IN BUSINESS ADMINISTRATION II

Introductory course aimed at basic knowledge of the development of standards ( models ) operational research ( stocks, dynamic programming , reticular analysis etc. ) to address administrative and economic problems and learning solving methods .

Objectives

Upon successful completion of this course the student / her will be able to: 1. Have acquired basic knowledge concerning the nature and characteristics of operational research and types of standards it uses to make rational decisions on key categories of problems of management of organized systems. 2. Makes predictions using simple time series methods. 3. Defining procurement models, mesh analysis, dynamic programming, etc. based on specific examples of problems. 4. Resolving problems from aforementioned categories using PC. 5. Have acquired basic knowledge for decision making problems by using simulation techniques

Prerequisites

No prerequisites

Syllabus

Introduction . Inventory management. Economic Order Quantity with discount Economic Order Quantity of production. ABC Analysis and flash templates. Stochastic models. Standard fixed time . Forecasts of demand . Graphs and applications. Trees . Project Planning . Probabilistic networks . Graphs and applications. Provisions . PERT, CPM.