Ateneo de Naga University

College of Business and Accountancy

Accountancy Department
S/Y 2021 - 2022
First Semester

COURSE INFORMATION SHEET

Course Code CAED101

Course Title Management Science
Credit 3
Prerequisite MTHS101

Rationale

This course aims to provide students with conceptual understanding of the role
that management science plays in the business decision-making processes. It deals with
the many quantitative methods that have been developed over the years like graphical
and simplex method of solving linear programming problems; inventory modelling;
network analysis; Gantt chart and decision analysis. As each new concept is
introduced, a problem scenario or application is presented to help illustrate the topic.
Emphasis is given on the use of scientific approach in solving actual business problems.

Course Description

This course aims to provide students with conceptual understanding of the role
that management science plays in the business decision-making processes. It deals with
the many quantitative methods that have been developed over the years like graphical
and simplex method of solving linear programming problems; inventory modelling;
network analysis; Gantt chart and decision analysis. As each new concept is
introduced, a problem scenario or application is presented to help illustrate the topic.
Emphasis is given on the use of scientific approach in solving actual business problems.
INSTITUTIONAL LEARNING OBJECTIVES

The Ateneo de Naga University Graduate is a person for others characterized by Christ-
centeredness, conscience, compassion, competence, and commitment to change.

1. CHRIST-CENTEREDNESS. The Atenean acknowledges the humanity and

divinity of Christ, and believes His Spirit as active in his/her life and in the
lives of others. Thus, the Atenean:

1. Respects the faith and the plurality of religions.

 2. Values the Church’s teachings about faith, morals, and Christ’s redeeming
mission.
3. Lives out the gospel values and exercises Christian virtues.
4. Celebrate the Bicolano’s inherent faith in God and our devotion to the
Blessed Virgin Mary.
5. Affirms the glory of God in one’s self, and in all creation, and cares for life
and the natural environment.

2. CONSCIENCE. The Atenean lives a life of exemplary integrity by cultivating

a mature conscience that impresses on him/her the imperative to positively
transform the world. Thus, the Atenean:

1. Predicates his/her decisions and actions on principles that promote human

dignity, and those that further the actualization of all humanity.
2. Cultivates foresight in the process of deciding and acting on ethical and moral
problems.
3. Explores, questions, and owns his/her faith in the context of competing value
systems.
4. Evaluates moral choices in the light of the mature conscience.
5. Practices the habit of reflection and contemplation.

3. COMPASSION. The Atenean grows in consciousness of his/her dignity and

personal purpose in engaging the world. Thus, the Atenean:

1. Values his/her dignity as a person and that of others.

2. Serves the needy and the marginalized.
3. Promotes family unity and fosters family service in the community.
4. Recognizes one’s strengths and inadequacies and seeks out
complementariness from and with others
5. Reflects on one’s experiences/actions towards becoming an agent of
change.

4. COMPETENCE. The Atenean actuates the gift of education as an instrument

to comprehend, judge, and respond to urgent and universal human
dilemmas. Thus, the Atenean:

1. Professes exceptional knowledge and expertise in his/her field of

specialization in the local and global community
2. Applies interdisciplinary approaches, innovative methods, and appropriate
technologies in analyzing, solving problems, and in making decisions in a
moral and ethical manner.
3. Thinks critically, creatively, and reflectively
4. Expresses himself/herself proficiently in both oral and written
communication.
 5. Practices the value of further learning and professional development,
adapting to demands of the changing times.

5. COMMITMENT TO CHANGE. The Atenean participates actively in the life

of the society and the global community. Thus, the Atenean:

1. Acts on the world in life, love, freedom, responsibility, and community to

build a good and just society and thereby bring into being the Regnum
Dei.
2. Understands and responds proactively against structural and cultural roots
of injustice in social institutions.
3. Resolves the moral ambiguities and inconsistencies in values promoted by
local and global cultures.
4. Advocates social changes that assist victims of injustice in gaining their
rights and regaining their dignity.
5. Demonstrates positive disposition, maturity, and courage, rooted in
Ignatian values, in the face of adversity

Program Learning Outcomes

1. Demonstrate competence in communication in multicultural settings through

writing, speaking, and other medium of expression.
2. Apply theories on critically and holistically current and relevant moral/ethical
issues in the domestic and global spheres.
3. Examine and formulate shared concerns that make up the “good life” as
inspired by the Gospel and the Church’s teachings in order to come up with
innovative and creative solutions to contemporary problems brought by
modern technologies.
4. Utilize technology-assisted business and accounting tools that can be used to
facilitate business and accounting operations more efficiently and effectively.
5. Choose appropriate decision-making techniques and approaches to critically
and creatively solve problems and drive results.
6. Resolve business issues and challenges with global and strategic perspectives
using knowledge and technical proficiency in the areas of financial accounting
and reporting, financial management, advisory services, regulatory
framework, and taxation.
7. Participates in various types of financial-related activities that addresses the
needs of the communities.
8. Exude the value of independence and faithful adherence to ethical practices
and good corporate citizenship.
9. Cultivate the habit of continuous learning for personal and professional
growth.
10. Exhibit good working relations in a multifaceted working environment.
 11. Use knowledge and skills to successfully respond to different types of
assessments including local and international certifications.
12. Identify and describe the functions of management and other functional
areas of business such as marketing, finance, human resource management,
production and operations management, information management, and
strategic management and employ these concepts in various business
situations.
13. Carry out relevant Management Accounting research by employing
appropriate management accounting principles and procedures.
14. Demonstrate technical know-how by way of effectively handling issues and
problems related to Management Accounting.
15. Discuss current trends and developments in Management Accounting.

Course Learning Outcomes

1. Enumerate the various quantitative methodologies in solving decision-making

problems;
2. Identify and discuss some realistic problems related to a certain topic, learn
from them and analyze how it can be related to future circumstance;
3. Apply to specific problem situations, the different methods learned from the
subject;
4. Prepare supporting computations, tables or graphs if necessary, to all
decision made related to a particular problem situation;
5. Appreciate the importance of the mastery of the subject matter; and
6. Develop core competencies needed to help them become more responsible
person particularly in terms of decision-making;
Course Credit
Course Title Course Description
Code Units
This course aims to provide students with conceptual understanding of the role that management science
plays in the business decision-making processes. It deals with the many quantitative methods that have
CAED Management been developed over the years like graphical and simplex method of solving linear programming problems;
3
101 Science inventory modelling; network analysis; Gantt chart and decision analysis. As each new concept is
introduced, a problem scenario or application is presented to help illustrate the topic. Emphasis is given on
the use of scientific approach in solving actual business problems.
PLO PLO PLO PLO PLO PLO PLO PLO PLO PLO PLO PLO PLO PLO PLO
Course Learning Outcome (CLO)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
CLO1. Enumerate the various quantitative / / / / / / / / / / / / / /
methodologies in solving decision-making
problems.
CLO2. Identify and discuss some realistic / / / / / / / / / / / /
problems related to a certain topic, learn
from them and analyze how it can be
related to future circumstance.
CLO3. Apply to specific problem / / / / / / / / / /
situations, the different methods learned
from the subject.
CLO4. Prepare supporting computations, / / / / / / / / /
tables or graphs if necessary, to all
decision made related to a particular
problem situation.
CLO5. Appreciate the importance of the / / / / / / / /
mastery of the subject matter and;
CLO6. Develop core competencies needed / / / / / / / / / /
to help them become more responsible
person particularly in terms of decision
-making.
Course competencies expected from students

In terms of KNOWLEDGE:
1. Enumerate the various quantitative methodologies in solving decision-making
problems
2. Identify and discuss some realistic problems related to a certain topic, learn
from them and analyze how it can be related to future circumstance.
3. Apply to specific problem situations, the different methods learned from the
subject.

In terms of SKILLS:
1. Prepare supporting computations, tables or graphs if necessary, to all
decision made related to a particular problem situation.

In terms of ATTITUDE:
1. Appreciate the importance of the mastery of the subject matter and;
2. Develop core competencies needed to help them become more responsible
person particularly in terms of decision-making.

Grading System

Course Description Grade

Requirements Breakdown
Class Participation Class attendance: 10% 40%
Recitations: 10%
Seatworks: 10%
Quizzes: 10%
Prelim Examination Written Examination 10%
Midterm Examination Written Examination 20%
Pre-final Examination Written Examination 10%
Final Examination Written Examination 20%

Course Bibliography

Textbook
Introduction to Management Science, 13th Edition, Bernard W. Taylor, III, Virginia
Politechnic Institute and State University

Supplementary References
Management Science, the Art of Modelling Spreadsheets, Powell, S. , 2007, Hoboken,
NJ: John Wiley and Sons
Introduction to Management Science, Taylor ,T., 2007, Upper Saddle River, N.J. :
Prentice Hall
COURSE OUTLINE
Institutional Program Course
Teaching Evaluation Time
Learning Learning Learning Specific Objectives Subject Matter Methodology
Aids Tools Allotment
Outcomes Outcomes Outcomes
1.2 1 1 1. Introduce to the I. Introduction Lecture Whiteboard Recitation 3 hours
2.3 3 3 student what Group PowerPoint Quiz
5.1 5 management science is discussion Excel
all about; how it can be Textbook
used in real life
situations and how it
can help in the
decision-making
processes.
2. Understand the
history of management
science.
3. Differentiate
between problem
solving and decision-
making.
4. Identify the
relationship between
quantitative analysis
and decision-making.

2.4 1 1 1. Understand the II. Linear Programming Lecture Whiteboard Seatwork 7.5
4.1 5 56 concept of linear 1. Introduction Group PowerPoint Assignment hours
4.2 6 programming 2. Linear discussion Excel Recitation
problems. inequalities in Problem- Textbook Quiz
2. Demonstrate how to two variables solving
solve linear 3. The Linear
programming problems Programming
using graphical Model
methods. 4. Graphical
Method
3.5 6 2 1. Apply linear III. The Simplex Method Lecture Whiteboard Seatwork 9 hours
4.2 8 5 programming 1. Introduction Problem PowerPoint Assignment
4.4 11 6 techniques using 2. Simplex Solving Excel Recitation
simplex method. method with Textbook Quiz
2. Increase student’s less than or
ability to formulate equal to
models and solve linear constraints
programming problems 3. Simplex
particularly for method using
problems with more greater than or
than two decision equal to
variables. constraint
4. Shadow Prices
3.5 5 1. Describe and IV. GANTT CHART Lecture Whiteboard Seatwork 3 hours
4.3 10 2 prepare a GANTT 1. Introduction Problem PowerPoint Assignment
11 4 Chart. 2. Steps in Solving Excel Recitation
6 2. Discuss the benefits preparing a Textbook Quiz
of GANTT Chart GANTT CHART
3. Advantages of
GANTT Chart
4.1 9 3 1. Define Program V. Project Scheduling Lecture Whiteboard Seatwork 4.5 hours
4.3 10 4 Evaluation and Review 1. Introduction Problem PowerPoint Assignment
12 6 Techniques (PERT). 2. Project Solving Excel Recitation
2. Discuss and properly Scheduling with Textbook Quiz
apply the basic Known Activity
underlying concepts of Time
PERT. 3. Project
3. Enumerate the Scheduling with
benefits and limitations Unknown
of PERT. Activity Time
Evaluation and
Review
Technique
4. Crashing
Activity Times
3.5 4 2 1. Apply probabilities in VI. Decision Analysis Lecture Whiteboard Seatwork 7.5 hours
4.1 7 4 decision-making. 1. Structuring the Problem PowerPoint Assignment
4.2 9 5 2. Use pay-off tables in Decision Solving Excel Recitation
decision-making. Problem Textbook Quiz
3. Describe and 2. Decision
 prepare a decision making without
tree. Probabilities
4. Discuss the benefits 3. Decision
and limitations of Making with
decision tree analysis. probabilities
5. Properly apply the 4. Sensitivity
concepts of decision Analysis
tree analysis
6. Determine the
expected value of
perfect information.
3.1 1 2 1. Understand some VII. Special Types of Lecture Whiteboard Seatwork 6 hours
4.2 5 3 other types of linear Linear Programming Problem PowerPoint Assignment
4.3 11 programming problems Problems Solving Excel Recitation
and the means of 1. Introduction Textbook Quiz
solving it. 2. The
2. Enhance student’s transportation
ability of solving linear problem
programming problems 3. The assignment
aside from graphical model
and simplex method.
2.1 3 2 1. Discuss why VIII. Inventory Modeling Lecture Whiteboard Seatwork 7.5
3.5 5 4 inventories are kept 1. Introduction Problem PowerPoint Assignment hours
4.4 7 and use. 2. Inventory Solving Excel Recitation
2. Describe the major models Textbook Quiz
types of inventory 3. Analytical
accounting systems Models
and the role of
inventory models in
inventory decisions.
3. Define critical
inventory system
properties.
4. Introduce several
analytical models
emphasizing the
assumptions necessary
to apply the various
models
Major Examinations 6 hours
TOTAL TIME 54 hours
 MODIFICATIONS (BLENDED SET-UP)

Due to the challenges brought by the COVID-19 crisis in the country, the following
policies will be observed:

Synchronous Sessions: Instructor will provide reading materials/handouts related to

the topic prior to the session for advance reading. During the session, discussion will be
coursed through google meet where everyone is required to turn on their cameras and
highly encouraged to participate, raise and answer questions. A few minutes before the
end of the session, a seatwork will be posted in the Classroom to assess the students’
learnings during the session.

Asynchronous Sessions: An assessment will be coursed through the online platform

every after discussion.

Online Course Policies

1. A perfect attendance shall merit substantial consideration in the final evaluation

of the student’s performance and fitness to pass the course. On the other hand,
reaching the maximum number of unjustified absences based on the updated
student handbook shall be dealt with according to school policies.
2. Honesty is strictly enjoined.
3. Considering the current status of the country, the mode of course instruction
shall be online, using both synchronous (default) and asynchronous (upon
announcement only) learning formats. All students are expected to be in a
decent and proper attire (not necessarily the prescribed Ateneo uniform).
During synchronous classes, all students are required to turn on their cameras,
otherwise, students with no camera’s on shall be marked absent.
4. Students are required to: (1) use their full name (Surname, First Name) as
indicated in the class list; and (2) use a decent profile picture in their google
accounts that clearly shows their face for easy identification.
5. Students appearing remotely must be at the virtual or waiting lobby at least
fifteen (15) minutes before the scheduled online class.
6. The presence of the student for the whole duration of the online classes is a
must, otherwise, he or she will be marked absent if not seen on the screen at
any moment without permission or any valid reason.
7. Students are encouraged to use earphones or headsets during online classes,
unless the remote locations from which they participate have employed means or
digital solutions with noise cancellation features in place.
8. To avoid issues on confidentiality rule under the Data Privacy Act and Intellectual
Property Rights Protection, the recording in any form of all online classes is
absolutely prohibited.
9. Should you have any other concerns, course them through the class beadle, who
shall relay them to me in a timely manner.
Contact and Other Information

Christian Emil B. Reyes, CPA

Email Address: christianemilreyes@gmail.com
Consultation Hours: By appointment

Professional Background:
Faculty Member, Ateneo de Naga University; RTR Finance and Admin Analyst,
Corporate Accounting, IBM Business Services Inc., Naga City; Accountant III,
Accounting Division, Finance Services Department, Commission on Elections,
Intramuros, Manila; Audit Associate, SGV & Co., Ayala Avenue, Makati City.