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BUS 190: QUANTITATIVE BUSINESS ANALYSIS Dr. Ron Davis

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Title: BUS 190: QUANTITATIVE BUSINESS ANALYSIS Dr. Ron Davis


1
BUS 190 QUANTITATIVE BUSINESS ANALYSISDr. Ron
Davis
  • BT 762 408-924-3547
  • davis_r_at_cob.sjsu.edu
  • www.cob.sjsu.edu/facstaff/davis_r/
  • ron_at_mathproservices.com
  • www.mathproservices.com

2
Office Hours
  • BT 762
  • MW 430-530pm
  • Tue 230-630pm
  • 408-924-3547
  • Online the night before exams in WebCT General
    Chatroom for BUS190

3
PREREQUISITES
  • MATH 70 FINITE MATH
  • BUS 90 Business Statistics
  • Equivalency Forms Signed

4
REFERENCE TEXT
  • MANAGEMENT SCIENCE READER for QBA
  • Online at http//www.cob.sjsu.edu/facstaff/davis_r
    /courses/qbareader/QBAtoc.html
  • Order online for delivery in class
  • Answer book for problem sets available as
    appendix in reader

5
TOPICS IN OR/MS OPERATIONS RESEARCH
andMANAGEMENT SCIENCE
  • NETWORK MODELS
  • CPM method for deterministic Project analysis
  • LINEAR PROGRAMMING MODELS
  • PERT method for stochastic Project analysis
  • Continuous Probability Distributions
  • PERT SIMULATION using MONTE CARLO

6
COMPUTER TOOLS
  • EXCEL SPREADSHEET FUNCTIONS
  • SUMPRODUCT(coef_array,variable_array)
  • RAND() random number generator (uniform)
  • NORMDIST(x,mean,standard_deviation,TRUE)
  • NORMINV(p,mean,standard_deviation)
  • BETADIST(x,alpha,beta,Amin,Bmax)
  • BETAINV(p,alpha,beta,Amin,Bmax)

7
COMPUTER TOOLS
  • EXCEL SPREADSHEET ADD-INS
  • Data Analysis ToolPak
  • Descriptive Statistics Report
  • Histogram Report
  • SOLVER
  • Answer Report
  • Sensitivity Report

8
Adding in the ADD-INS
  • Click on Tools/Add-ins
  • Check Analysis Toolpak
  • Check Analysis Toolpak VBA
  • Check SOLVER
  • Click on OK
  • Do incremental install from CD-ROM if any of
    these is missing from the list

9
WebCT WEB Course Technology
  • http//courses5.webct.com
  • Set up own WebCT account
  • Choose own UserID/Password
  • Use it immediately to enter course area
  • Add BUS 190 to your course list
  • Use given CourseID/Password
  • First 3(2) Letters of last name (all caps) Last
    3(4) Digits of Student ID

10
BASIS FOR GRADE
  • Three Projects
  • 100 points each
  • Three Exams
  • 2 Midterms 150 points each
  • Final 250 points
  • Extra Credit
  • 10 URLS on OR/MS in use today
  • 25 points per project

11
EXTRA CREDIT ADJUSTMENT FORMULA
  • ST Semester point Total
  • EC Extra Credit point total
  • SA Adjusted Score
  • SA 850(STEC)/(850EC)
  • SA computed in EXCEL not WebCT

12
EXAM RULES
  • CHEAT SHEETS ALLOWED
  • One page notes each midterm
  • Three pages for the final
  • CHEATING NOT ALLOWED
  • No talking until you leave the room
  • No passing of papers back and forth
  • No copying of answers from neighbor
  • Sharing of points for identical answers

13
HINTS FOR YOUR SUCCESS
  • Use a three ring notebook binder
  • Print stuff from the web
  • Punch holes in your printout and store in your
    three ring binder
  • Work all the practice problems
  • Buy the answer book for the reader
  • Browse the web using search engines for extra
    credit points and related info
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