Relevo, Princess Margareth B.

BE1101
MMW

Mathematics on Engineering
THE ROLE OF MATHEMATICS IN ENGINEERING
Mathematics is the only science that can exist independently. Applied mathematics
finds purpose even in medicine, data collection and analysis. One can go on and on praising this
and arguing against it. The popular question comes- How do I use it in engineering? A popular
question among schoolmates and college buddies of Daniel Matthews was this: "I really don't
understand why we read and study all this." The things come in practice and how good
engineers use mathematics on a daily basis. As fracture is associated with failure of a structure,
it is imperative for the structural engineer to find out the direction(instantaneous) along which
the crack shall propagate at the fastest rate. Solution to differential equation helps an engineer
find out the value at any desired point within the domain. Transforms are typically methods
that help one engineer to make the process of solving some equation easier. As engineers, we
deal with errors and our job is to optimize the solution such that the error can be neglected.
Reference:
https://www.linkedin.com/pulse/role-mathematics-engineering-daniel-mathews?
articleId=6661674501023117312

Mathematics on Finance/Business
THE ROLE OF MATHEMATICS FOR BUSINESS STUDIES
Mathematics is used in most aspects of daily life. Many of the top jobs such as business
consultants, computer consultants, airline pilots, company directors and a host of others
require a solid understanding of basic mathematics, and in some cases require a quite detailed
knowledge of mathematics. It also plays important role in business, like Business mathematics
by commercial enterprises to record and manage business operations. Mathematics typically
used in commerce includes elementary arithmetic, such as fractions, decimals, and
percentages, elementary algebra, statistics, and probability. Business management can be
made more effective in some cases by use of more advanced mathematics such as calculus,
matrix algebra and linear programming. Mathematics provides many important tools for
economics and other business fields. The practical applications typically include checking
accounts, price discounts, markups and markdowns, payroll calculations, simple and compound
interest, consumer and business credit, and mortgages. Mathematics can provide powerful
support for business decisions, that’s why mathematics is another key role or plays an
important role so that the business will not fail or worst what we called bankruptcy.
Reference:
https://ocw.bib.upct.es/pluginfile.php/8765/mod_resource/content/1/
The_role_of_Mathematics_in_Business_studies.pdf