Unit 5: Quantitative Techniques for Business
Apply quantitative techniques to business situations.
 |
This unit develops the students' ability to deal with numerical and quantitative issues found in business. The student will be able to use statistical, graphical and algebraic techniques to address business problems using appropriate IT software where relevant. The reliable evaluation of numerical results, with and without the use of IT. will enable effective decisions to be made.
- Inventory control
Re-order level, Economic Order Quantity (EOQ)
- Linear programming
Graphical solutions, tight and slack constraints
- Networking
Network diagrams, cpa, slack time Crashing activities, Gantt charts
- Indices
Simple, aggregate, RPI, deflation
Download and read the handouts.
HNC/HND Business Core Unit
5: Quantitative Techniques for Business : Study Text (2000) - Buy
it
Part of the HNC/HND business series, this text on quantitative techniques
features a blend of topic coverage and practice opportunities with
BTEC guidelines, key definitions, timed activities and assignments,
and topics for class discussion. It is suitable for both classroom
and individual study. Buy
it from amazon.co.uk.
