Quantitative Methods BITS Pilani Pilani Campus Course handout BITS Pilani Pilani Campus Session-1 Instructor Details Dr. Remica Aggarwal 1214 C ; FD-1 Department of Management Email: remica_or@rediffmail.com Mobile: 09772054839 BITS Pilani‚ Pilani Campus Course Details • • • • • • • Management Science Use of QM/QA Modelling Techniques Data Analysis Techniques MS Excel QM for Windows Test BITS Pilani‚ Pilani Campus Quantitative Methods • • • • • • • Operations
Premium Random variable Normal distribution Statistical hypothesis testing
Check Your Understanding: 1. Whydowestudyethics? We study ethics because it provides for a stable society‚ and stable business practices. Ethics is a factor that affects a business’s success. Ethics also closely tie into law‚ which is why it is important to study ethics. Ethics keep your business legal‚ and socially responsible. Ethics are rules of behavior‚ and business ethics are rules of behavior in business. Without rules‚ we’d do things in our favor that might hurt consumers‚ and employees
Premium Ethics Business ethics
Organizational Change Plan Kimberly J. Seger RN‚ BSN HCS/587 March 18‚ 2013 Dr. Sonnia Oliva Organizational Change Plan Looking at a health care system as a whole‚ one should look at the advantages and disadvantages that system could give them. If I were to change one thing at the organization I work at‚ I would implement transitioning from paper charting to using Electronic Medical Records‚ or EMR to the system as a whole. Change is never easy for anyone let alone a huge corporation.
Premium Management Health care Medicine
Abstract In this experiment‚ the absorbance of KMnO4 was measured by spectrophotometric method to determine the molar concentration and the molar extinction coefficient of KMnO4. In part 1‚ in order to determine the maximum absorbance wavelength of KMnO4‚ we measured the absorbance of the sample solution which contains KMnO4 at the wavelengths between 330nm and 660nm‚ and plotted the λ and A points; the λmax was 530nm. In part 2‚ the effect of concentration on the absorbance was examined. We prepared
Premium Light Electromagnetic radiation Visible spectrum
Central Bank (ECB)‚ among others‚ have embarked on monetary easing or quantitative easing. This is an unorthodox way of pumping money into the economy and aiming to lower the long-term interest rates in order to combat a recession. Since interest rates in industrial countries had declined to near zero in the aftermath of the global crisis‚ the scope for further monetary easing through lower policy rates became very limited. Quantitative easing (QE) and other asset purchase programs have therefore been
Premium Monetary policy Central bank Inflation
Statistics and Quantitative Methods ASSIGNMENT: 2 PREPARED FOR: CHOWDHURY PREPARED BY: VALLEY STATE UNIVERSITY DATE: 13. The Electrotech Corporation manufactures two industrial-sized electrical devices: generators and alternators. Both of these products require wiring and testing during the assembly process. Each generator requires 2 hours of wiring and 1 hour of testing and can be sold for a $250 profit. Each alternator requires 3 hours of wiring and 2 hours of testing and can
Premium Optimization Profit maximization Electrical generator
form. Signature : _________________________________ Date : _________________________________ ( √ ) Tick mark in front of the assignments submitted Assignment ‘A’ Assignment ‘B’ Assignment ‘C’ Quantitative Applications in Management and Research Assignment –A Ques.1 Comment on “Quantitative Techniques is a scientific and for enhancing creative and judicious capabilities of a decision maker”‚ also state the different elements of Decision. Ques. 2 The raw data displayed here are the scores
Premium Arithmetic mean Regression analysis Standard deviation
Modeling is the scientific approach to managerial decision- making This type of analysis is a logical and rational approach to making decision Emotions‚ guesswork‚ and whim are not part of the decision modeling approach A number of academic and professional organizations support the use of the scientific approach: the Institute for Operation Research and Management Science (INFORMS) the Decision Sciences Institute (DSI) the Production and Operations Management Society (POMS)
Premium Mathematics
Risk and Return Analysis Paper FIN 402 Risk and Return Analysis Paper Creating the right balance of securities in a diversified portfolio is crucial to maximizing return and minimize risk. This can be done through analysis of current and past activity of each product. Through a risk assessment‚ return analysis‚ researching the beta of each security‚ and reviewing the average risk and return‚ we can determine the weights of our securities and devise the strongest portfolio to limit risk and
Premium Investment Risk Macroeconomics
Chapter 8 Analysis of Risk and Return © 2015 Cengage Learning. All Rights Reserved. May not be scanned‚ copied or duplicated‚ or posted to a publicly accessible website‚ in whole or in part. Introduction This chapter develops the risk-return relationship for individual projects (investments) and a portfolio of projects. The principles can also be applied to securities. © 2012 Cengage Learning. All Rights Reserved. May not be scanned‚ copied or duplicated‚ or posted
Premium