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QUANTITATIVE

APPROACH
CLYDE JOHN PAUL SAMPANG
What is
Quantitative STATISTICS
Approach in
Management?
Statistics

Example:
Vaccination Roll-out
STATISTICS

What is OPTIMIZATION MODEL


Quantitative
Approach in
Management?
Optimization Model
SYSTEM

Example:
Experiment w/ Learn from
actual system experienced
employee

Observation Take down


notes

Adapt the system


STATISTICS

OPTIMIZATION MODEL
What is
Quantitative INFORMATION MODEL
Approach in
Management? COMPUTER SIMULATION

OTHER QUANTITATIVE TECHNIQUES TO


THE MANAGEMENT PROCESS
is a principle that organizations
What is are decision-making units. These
Quantitative decision-making units can be
Approach in made more efficiently using
Management? mathematical models that place
relevant factors into numerical
terms.
PRIMARY BRANCHES OF
QUANTITATIVE MANAGEMENT
Management Science
This branch of management theory focuses on the
development of mathematical and statistical models as a
simplified representation of a system, process, or
relationship as models, formula, and equations.

These techniques help managers make maximum use of


organizational resources to produce goods and services.
Operations Management
is a field of management focusing on efficiency,
effectiveness, and producing or organizational
systems. It focuses on the operation and control of
the production process that transform resources into
finished goods and services.
Customer Employee Final Product
Focus Empowerment Quality
Total Quality
Management

Continuous Process Accurate


Improvement Focused Measurement
Lean
Management
is an approach to management
focusing on maximizing customer
value while reducing processes
waste without compromising
quality.
Management
Information
System
Information systems allow for
more efficient creation,
management, and
communication of information
across the organization as well
as in the outside environment.
Quantitative Approach
NEGATIVE POSITIVE
ASPECTS ASPECTS
It does not eliminate risk but only attempts Mathematical models help to derive
to reduce it. precise and accurate results by analyzing
complex statistical data.
Decisions are often based on the
availability of limited information. It is useful in areas of planning and control
where data is available in quantitative
terms
https://thebusinessprofessor.com/en_US/management-leadership-
Reference: organizational-behavior/quantitative-approach-to-management

https://www.cliffsnotes.com/study-guides/principles-of-managem
ent/the-evolution-of-management-thought/quantitative-school-of-
management

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