Philippine Christian University

Taft Avenue, Manila

MBA/MM Programs

COURSE SYLLABUS
COURSE : QUANTITATIVE TECHNIQUES
COURSE NO. : BUS. 512
NUMBER OF UNITS : THREE (3)
PROFESSOR : ELZEBER O. MURALLOS

COURSE DESCRIPTION:

The course is a descriptive information to some of the quantitative methods using mathematical and graphical
models currently used in business decisions. It will give an overview and detailed techniques to the
students to further understand the quantitative tools and how it can be applied in actual work situation as
an aid in decision making.

COURSE OUTLINE AND OBJECTIVES:

SPECIFIC SUBJECT MATTER STUDENT ACTIVITY REFERENCES
OBJECTIVES
 Course  Course  This is a course lecture during  None
orientation and Orientation the first meeting where the students
expectation to the are introduced to the subject matter.
students The course requirements such as the
throughout the grading system, rules, references
term. and descriptions of subject matter are
discussed.

 Review of  Students are given refreshers to

Algebraic recall and review the basic of algebra
   Notations  and other mathematical notations.
 Introduce the  Statistical  This is a student’s self-study on  Intro to Statistics
basic foundation of Notations described subject matter. By: Ronald Walpole
statistics and and Descriptions  Students must be able to  Elem Business Statistics:
understand the understand the definition of each The Modern
Approach
appropriate Ungrouped Data applications and be able to solve
statistical Grouped Data By: John Freund &
problems.       Frank Williams
application how to Central Tendency
collect, analyze Measure of Variation  Statistics By Levin
and
manipulate data.

 To be able the Confidence  Students must understand the  Same references as above.

                                                                                                                       
 students transform Limits various confidence limits and its
the raw data into Standard Error of applications.
standard form and Mean  Understanding the confidence limits
be able to make Standard  (i.e., 90%,95% etc.) and the
decisions with Estimate of  confidence coefficients is expected
degree of  Understanding the use of table
Standard 
confidence. under the normal curve is a must.
Deviation
 Statistical problem solving must be
done as an aid in establishing
standard policies and procedures.
 To understand  Normal  The students are expected to  Same references as above.
the concept of Distribution understand the use of area under the
frequency (Z – Test) normal curve in decision making.
distribution for  Test of hypothesis such as the null
large sample size. Test of Hypothesis and alternative must be understood
and the students must be able to state
such hypothesis in standard form.
 . Problem solving is a must.
 To understand  T – Distribution  Students must understand the use of  Same references as above.
the concept of (T – Test) Test of Hypothesis for small sample
frequency size.
distribution for Test of Hypothesis  Values for the use of T-Distribution
small sample size Table must be understood.
 Problem solving is a must.
 To analyze and  Analysis of  Students will analyze given  Into to Statistics
measure the Variance multiple samples to find out whether       By: Ronald Walpole
variations among (F – Test) there is a significant differences in  Same references as above
sample data caused the characteristic of sample data.
by uncontrollable Equal Samples  Values for the use of F-Test
variables. Distribution Table must be
Unequal Samples understood. Problem solving is a
must.
 To understand  Linear  Students must learn to  Elementary Business
the techniques on Programming transform qualitative statements Statistics The Modern
how to maximize into quantitative terms or the Approach
profit at a reduced Mathematical Model language of mathematics. By: John E. Freund
cost using linear  Students must be able to & Frank J. Williams
equations and Graphical Model formulate linear programming  Production and  Operations  
graphical models. models and solve problems using Management By: William J. 
Simplex Model mathematical and graphical solutions. Stevenson
 Financial model of linear
programming will be introduced
 To formulate  Transportation  Transportation problems must be  Production and Opns. Mgt
allocation Analysis simulated and analyzed.    By: William J. Stevenson
techniques using
transportation North West Corner
models in order to Rule
reduce product
                                                                                                                       
 cost distribution. MODI

Vogel’s
Approximation

 To be able to  Forecasting  Four methods of forecasting  POM

learn the techniques must be understood using By: William J. Stevenson
different Linear Trend statistical tool to select the most
methods and appropriate method .
appropriate use Non-Linear  Deriving seasonal indexes is
of forecasting expected from the students
techniques.  Problem solving is a must.
 To understand  Simulation  Simulation technique using the  Elementary Business
the process of Monte Carlo model must be Statistics The Modern
a model to understood by the students. Approach
evaluate  Learning the use of Table of By: John E. Freund
behavior under Random Numbers is a must to the & Frank J. Williams
certain students.  POM by W.J. Stevenson
condition using
the “what if”
approach.
 To analyze /  Correlation  Students must be able to solve  Elementary Business
measure the Analysis and interpret ranges of correlation Statistics The Modern
relationship and the relationship between two Approach By: John E. Freund
between two Spearman’s Rank variables. & Frank J. Williams
variables Correlation  Spearman’s Rank Correlation
must be understood
Pearson Product  Pearson Moment of Correlation
Moment Correlation must be understood