C207 Quantitative Business Methods-1

Course Objectives

In all sectors of the economy, making the best decisions is the major issue.This course is designed to shed a mathematical light on decision-making concepts so as to bring structure into decisions and develop new insights.

Course Content

Linear Programming: graphical solution
Linear Programming: sensitivity analysis
Linear Programming: modelling
Transportation & Assignment
Integer Programming
Network Models
Project scheduling
Inventory Models
Multicriteria Decision problems

Recommeded Text:

DR Anderson, DJ Sweeney & TA Williams. An Introduction to Management Science (10th edition). South-Western College Publishing. 2002.

Adil Hasan Mouhammed. Quantitative Methods for Business and Economics. Sharpe. 1999.

Diana Bedward. Quantitative Methods. Elsevier. 1999