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
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Review Test Submission: Midterm Exam SKIP TO COURSE MENU SKIP TO TOP FRAME TABS Content User Course Quantitative Methods Test Midterm Exam Started 2/5/14 10:13 PM Submitted 2/6/14 2:13 AM Status Completed Attempt Score 120 out of 200 points Time Elapsed 4 hours‚ 0 minute out of 4 hours. Instructions Question 1 5 out of 5 points Deterministic techniques assume that no uncertainty exists in model parameters. Answer Selected Answer: True Correct Answer:
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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
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1. How you would use the concept of probabilities to apply to profiles for hiring more satisfied individuals and 2. Other ways that probability is used in business (Use the Business Source Elite Database in the Cybrary‚ research how probability is used in business). Begin your email to AIU by first providing an overview of the database‚ i.e.‚ a story. Include the following pieces of information. Part I a) What is the gender distribution (%females and %males)? Solution. From the database
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inspection and packaging. For the four-week planning period‚ 340 hours of cutting and dyeing time‚ 420 hours of sewing time‚ and 200 hours of inspection and packaging time are available. All-Pro footballs provide of $5 per unit and College footballs provide a profit of $4 per unit. The linear programming model with production times expressed in minutes is as follows: Max 5A + 4C s.t. 12A + 6C 20‚400 Cutting and dyeing 9A + 15C 25‚200 Sewing
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Susan has reason to believe that the distribution of No-Stick follows a normal curve‚ with a standard deviation of 4‚000 packages. What is the probability that sales will be less than 81‚000 packages? ---------- z(81000) = (81000-87000)/4000 = -6/4 ---- P(x < 81000) = P(z < -3/2) = normalcdf(-100‚-3/2) = 0.0668
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Quantitative Methods of Data Analysis Sales Force Survey Respondent number: 01 1. Are you male or female? (1) Male (2) Female 2. What is the name of your employer? (1) Jones and Sons (2) Smith and Company (3) Tomkins 3. In which area of the country do you work? (1) North (2) South 4. Please circle your response to the following three questions‚ using the following scale: 1 “strongly agree” 2 “agree” 3 “uncertain” 4 “disagree” 5 “strongly disagree” 4a) In general
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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
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ADMINISTRATION QUANTITATIVE METHODS FOR MANAGEMENT OM 551 Class Schedule: Wed / or Thurs: 8:00- 11:45 &13:00- 16:30 DR. TAQI N. AL-FARAJ E-MAIL: tagi@kfupm.edu.sa Telephone: 860-2724 Mobile: +966506847529 Introduction Quantitative Methods for Management‚ also known as Management Science‚ is a discipline that attempts to aid managerial decision making by applying a scientific approach to managerial problems that involve quantitative factors. Most traditional quantitative management courses
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Quantitative Research Methods Quantitative means quantity which implies that there is something that can be counted. Quantitative research has been defined in many ways. It is the kind of research that involves the tallying‚ manipulation or systematic aggregation of quantities of data (Henning‚ 1986) John W. Creswell defined quantitative research as an inquiry into a social or human problem based on testing a theory composed a theory composed of variables‚ measured with numbers‚ and analysed with
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