Course: GBS220 First Term: 2007 Fall
Final Term: Current
Final Term: 2016 Spring
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Lecture 3.0 Credit(s) 3.0 Period(s) 3.0 Load
Credit(s) Period(s)
Load
Subject Type: AcademicLoad Formula: S |
MCCCD Official Course Competencies | |||
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1. Identify business applications and problem situations where quantitative methods and modeling are useful for decision making. (I)
2. Model, solve, and interpret linear programming problems using computer software. (II) 3. Solve basic business problems using discrete and continuous probability distributions. (III) 4. Model, solve, and interpret Program Evaluation and Review Technique (PERT) and Critical Path Method (CPM) type problems. (IV) 5. Develop total cost and Economic Order Quantity (EOQ) models for specific inventory systems. (V) 6. Model, solve, and interpret a decision problem involving uncertainty, using decision theory techniques. (VI) | |||
MCCCD Official Course Competencies must be coordinated with the content outline so that each major point in the outline serves one or more competencies. MCCCD faculty retains authority in determining the pedagogical approach, methodology, content sequencing, and assessment metrics for student work. Please see individual course syllabi for additional information, including specific course requirements. | |||
MCCCD Official Course Outline | |||
I. Importance of Quantitative Methods in Business
II. Linear Programming A. Computer Solution 1. General Optimization Problems 2. Transportation Problems 3. Assignment Problems B. Sensitivity Analysis III. Probability Distributions A. Random Variables B. Discrete Random Variables C. The Normal Probability Distribution D. Use in Business Simulations IV. Program Evaluation and Review Technique/Critical Path Method (PERT/CPM) A. Networks B. Critical Path C. Probability of Completion V. Inventories A. Total Cost Model B. Economic Order Quantity (EOQ) Model C. Deterministic and Probabilistic Models VI. Decision Theory A. Maxi-min B. Maxi-max C. Mini-max regret D. Decision Trees | |||
MCCCD Governing Board Approval Date:
4/24/2007 |