COURSE SYLLABUS

TEM 305 - QUANTITATIVE ANALYSIS IN MANAGEMENT

Second Semester SY 2020-2021

Part I
PHILOSOPHY Total human development with appropriate competencies
VISION A globally competitive university
MISSION To provide high quality instruction, research and extension
GOAL To lead in transforming human resources into productive self-reliant
citizens and responsible leaders
Graduate DMMMSU aims to produce highly competent, specialized and
Attributes globally competitive professionals. This is operationalized into
graduate attributes that should be attained by the time students
will graduate from the university.
1. Professionally competent
Exemplify the competencies and values required of their
profession
2. Committed and responsible leader
Demonstrate professional, social, and ethical responsibility
consistent with their roles as local and global citizens
3. Effective communicator and collaborator
Communicate effectively and work in multi-disciplinary teams
4. Critical thinker and innovator
Use relevant information and research drawn facts in rendering
sound decisions and developing insights for new knowledge
5. Reflective lifelong learner
Engage in lifelong learning for continuous professional growth
and development
6. Responsible environment steward
Manage a sustainable environment and promote peace and prosperity
for mankind
Core Values SERVICE: Service to our stakeholders
PRODUCTIVITY: Productivity with passion for work
EXCELLENCE: Excellence in our programs through scholarly
undertakings
COMMITMENT: Commitment in delivering our mandates
INNOVATIVENESS: Innovation towards attaining operative
systems, breakthroughs, and milestone
ADVOCACY: Advocacy in transforming lives
LEADERSHIP: Leadership for transformation, empowerment,
and sustainable development

Program At the end of the course the students should be able to;
Outcomes 1. Demonstrate advance knowledge and skills in management with
innovative capabilities, and entrepreneurial competencies.

2. Manifest desirable values and attitudes, and leadership to

perform in a multi-cultural setting with sensitivity, flexibility and

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dynamism.

3. Demonstrate high level of competence in instruction, research,

extension and consultancy.

Course Credit 3 units

Course This course focuses on the study of quantitative methods for
Description decision making particularly the application of mathematical
models with business applications to analyze management and
organizational problems. Specific topics include forecasting,
regression, decision theory, linear programming, transportation and
assignment models, and inventory management and queuing theory
models and more.

Contact 3 hours/week
Hours/Week
Course None
Prerequisite/s
Course At the end of the course, the graduate students should be able
Outcomes
to:
1. Describe the quantitative analysis approach and the use of
modeling in quantitative analysis.
2. Familiarize the basic and advanced quantitative approaches
and mathematical optimization techniques used to address
managerial and organizational problems
3. Understand, learn and apply the basics and fundamentals of
the various quantitative tools, methods and techniques in
aid to management under varied conditions of decision
making.
4. Gain insight and an understanding of modeling and rational
approaches to decision-making and their contribution to
organizational effectiveness.
5. Select the quantitative technique or model appropriate in
problem solving and decision making situations from various
managerial problems and explain decisions based on
quantitative elements.
6. Interpret results and the impacts they have upon the
problems being studied and decide the appropriate course
of action based on the quantitative analysis performed.
7. Integrate the quantitative methods learned for making
decisions within an organization.

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8. Appreciate the importance of the different quantitative

tools in decision making.
Course Midterm and Final Examination
Requirements Attendance
Class participation
Assignments(Insights/Review/Critique/Problem Solving)
Presentation of a research/case analysis

Grading System Class Standing = 60%

Attendance – 10 %
Class participation – 20 %
Assignments - 10 %
Presentation of a case analysis applying a particular quantitative
approach – 20 %
Examination = 40 %
Midterm Exam – 20 %
Final Exam – 20 %

Part II

Course Outline and Timeframe

Time Frame Course Content/Subject Matter

3 hrs Orientation and Introduction to The Course
Mathematical Preliminaries
3 hrs Introduction To Management Science/Operation Research/Quantitative
Analysis
3 hrs Project Management/PERT-CPM
3 hrs Forecasting
3 hrs Regression Models/Analysis
3 hrs Inventory Control Models
3 hrs Decision Analysis
3 hrs Linear Programming Models: Graphical Method
3 hrs MIDTERM EXAMINATION
6 hrs Linear Programming Applications
3 hrs Network Models and Scheduling
3 hrs Transportation
3 hrs Assignment Models
3 hrs Waiting Lines and Queuing Theory Model
3 hrs Probability Concepts and Applications
3 hrs Markov Analysis
3 hrs FINAL EXAMINATION

REFERENCES:

Books:

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Cabero, J. (2009). Quantitative Techniques in Management. National Book

Store, Mandaluyong City, Philippines.

Kliestik, T. (2021). Quantitative Methods in Economics and Finance. MDPI AG,

Switzerland.
https://directory.doabooks.org/handle/20.500.12854/68556

Murthy, P. Rama (2007). Operations Research. New Age International (P) Ltd.,
New Delhi.
https://www.bbau.ac.in/dept/UIET/EME- 601%20Operation
%20Research.pdf

Render, B. (2012). Quantitative Analysis for Management, 11th ed.

Pearson Prentice Hall, New Jersey, USA.

Taylor, B. (2013). Introduction to Management Science 11th ed. Pearson

Prentice Hall, New Jersey, USA.
https://repository.dinus.ac.id/docs/ajar/01._Bernard_W_._Taylor_Intro
duction_to_Management_Science_11th_2013_.pdf

Online Resources:

An Introduction to Basic Statistics and Probability.

https://projects.ncsu.edu/crsc/events/ugw06/presentations/scheywar/
finalundergrad.pdf

A Review of the Management Science Theory and Its Application in

Contemporary Businesses.
https://academicjournals.org/journal/AJBM/article-full-text-
pdf/BB99F2566574

Basic Concepts in Probability.

https://www.sydney.edu.au/content/dam/students/documents/mathe
matics-learning-centre/basic-probability.pdf

Basic Concepts of Probability.

http://www3.govst.edu/kriordan/files/mvcc/math139/pdf/lfstat3e_ppt
_03.pdf

Basic Concepts of Probability and Statistics.

https://www.researchgate.net/publication/324856593_Basic_Concepts_
of_Probability_and_Statistics

Forecasting.
https://kuscholarworks.ku.edu/bitstream/handle/1808/30723/Chapter5
_Forecasting.pdf?sequence=10&isAllowed=y

Forecasting Fundamentals. https://mech.at.ua/Forecasting.pdf

Forecasting: Roles, Steps and Techniques | Management Function.

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https://www.yourarticlelibrary.com/management/forecasting/forecasti
ng-roles-steps-and-techniques-management-function/70032

Introduction to CPM / PERT Techniques.

https://www.srividyaengg.ac.in/coursematerial/CSE/104745.pdf

Introduction to Management Science.

https://book.akij.net/assets/js/plugins/pdfjs/web/viewer.html?
file=/eBooks/2018/May/5aea74b682d20/Introduction%20to
%20Management%20Science.pdf

Introduction to Project Management.

https://www.manage.gov.in/studymaterial/PM.pdf

Lecture Notes On Management Science.

https://www.iare.ac.in/sites/default/files/lecture_notes/ms
%20notes.pdf

Management Science. https://nb.vse.cz/~fabry/Management-Science.pdf

Markov Analysis.
http://web.tecnico.ulisboa.pt/mcasquilho/compute/_linpro/TaylorB_m
odule_f.pdf

Markov Analysis. https://www.investopedia.com/terms/m/markov-analysis.asp

Markov Analysis: Meaning, Example and Applications | Management.

https://www.businessmanagementideas.com/management/functions/m
arkov-analysis-meaning-example-and-applications-management/10061

Network Planning Techniques: CPM-PERT.

https://dspace.mit.edu/bitstream/handle/1721.1/80702/esd-36j-fall-
2003/contents/lecture-notes/l2_networkplan.pdf

Non Linear Solution Techniques.

http://web.tecnico.ulisboa.pt/mcasquilho/compute/_linpro/TaylorB_m
odule_d.pdf

PERT/CPM for Project Scheduling & Management.

https://www.interventions.org/pertcpm/

Probability and Statistics Basic Concepts.

http://www.mit.edu/~ruppin/Lecture_ESIPAP_Ruppin_2018.pdf

Probability Basics.
https://www0.gsb.columbia.edu/faculty/pglasserman/B6014/probabilit
y.pdf

Project Management: PERT AND CPM.

https://www2.kimep.kz/bcb/omis/our_courses/is4201/Chap14.pdf

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Project Management with PERT/CPM One.

https://thalis.math.upatras.gr/~tsantas/DownLoadFiles/Hillier&Lieberm
an_7th-edition_Chapter10.pdf

Simple Linear Regression Analysis.

http://home.iitk.ac.in/~shalab/regression/Chapter2-Regression-
SimpleLinearRegressionAnalysis.pdf

Time Series Forecasting Techniques.

https://www.sagepub.com/sites/default/files/upm-
binaries/4913_Mentzer_Chapter_3_Time_Series_Forcasting_Techniques.p
df

Understanding The Queuing Theory for Improved Service Delivery: An

Entrepreneurial-Mindset Approach.
https://www.researchgate.net/publication/320236067_Understanding_t
he_queuing_theory_for_improved_service_delivery_an_entrepreneurial-
mindset_approach

What is Regression Analysis and Why Should I Use It?

https://www.alchemer.com/resources/blog/regression-analysis/

Other online sources for the various topics at hand

Prepared by: Recommending Approval: Approved:

(Sgd.) MANOLITO F. DELA CRUZ MA. TERESA Y. ACANTILADO PAULITO C. NISPEROS

Professor Program Chair, Ph.D. TEM Dean

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