Submitted By weehaa

Words 274

Pages 2

Words 274

Pages 2

The questions posed in this overview definitely simulate specific situations and decisions that a mid to upper level manager faces on a daily, weekly, and monthly basis. These are also questions that I am very interested in as far as properly learning the correct methods for determination are concerned. Unfortunately, after reviewing the underlying skills listed in our overview, I have come to terms with the fact that I do not believe I am proficient in any one of these skill sets. As a result, I have determined that the quantitative reasoning for business class may be, by far, one of my toughest classes to excel in during the course of my master’s program.

In review, the course overview provided has led me to believe that I will surely have a hard time throughout the course of my next master’s class. However, the content of the class work will be very interesting and is absolutely vital to my future as a successful manager. Thereby, I will simply have to buckle in for the long haul and devote an extra amount of time throughout this next course in an effort to improve this skill area which I have found…...

...Inventory Systems Summary Christine Burns, Felicia Cobbs, Carolina Martinez, Paula Williams QRB 501 Quantitative Reasoning for Business Professor Jim Easley April 25, 2012 Inventory Systems Summary The team will introduce several factors to summarize the functions descriptions and the advantages and disadvantages of inventory systems. The descriptions of inventory systems will show how one relates to many organizations. The advantages and disadvantages will show collaboration from the team of how the inventory systems can give a good cause or show the effects as a setback. Warehouse Inventory System Transferring information inventory can be used by a public school district or a university as a barcode to scan physical records of information from a particular inventory. This process can be done as a third party software to download a particular file which holds information in inventory from one`s personal computer to a high performance data system (Ruiz-Torres, Mahmoodi, 2010). Transferring barcode data from one file to another is called warehouse inventory physical file. This process has to be done by ensuring to upload data, which is scanned from one computer to the high compatible system. Physically entering inventory allows company data history for stored input. The process involves entering information in the district demonstration field of system. The stock item of quantity has to be entered with capability of information to be displayed. The......

Words: 1501 - Pages: 7

... | | |Quantitative Reasoning for Business | Copyright © 2010, 2008 by University of Phoenix. All rights reserved. Course Description This course applies quantitative reasoning skills to business problems. Students learn to analyze data using a variety of analytical tools and techniques. Other topics include formulas, visual representation of quantities, time value of money, and measures of uncertainty. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Lial, M., Hestwood, D., Hornsby, J., & McGinnis, T. (2010). Prealgebra & introductory algebra (3rd ed.). Boston, MA: Pearson/Addison-Wesley. Sevilla, A., & Somers, K. (2007). Quantitative reasoning: Tools for today’s informed citizen (1st ed.). Emeryville, CA: Key College Publishing. All......

Words: 1723 - Pages: 7

...the Quantitative Reasoning for Business (QRB) Overview document, I can be broadly categorized as techniques of management science—a field melding portions of economics, financial, accounting and operation and research into a pragmatic effort to help an aid into the decisions making process. As an area of study, these QRB are often identified by giving the fundamentals needed (stepping stones) to apply to each class thereafter. In solving a problem, I might consider both qualitative and quantitative factors. For example, in term of economics, a variety of quantitative techniques have been developed to forecast future values. Future sales are the most important variable in business forecasts. Unit sales establish levels for most business activities— from purchasing and production to marketing—and knowledge about sales is a prerequisite to the budgetary and planning process. In term of financial, I might consider different investment alternatives, including certificates of deposit at a bank, investments in the stock market, and an investment in real estate. I can use quantitative analysis to determine how much my investment will be worth in the future when deposited at a bank at given interest rate for a certain number of years. In term of accounting, quantitative analysis can also be used in computing financial ratios from the balance sheets for several companies whose stock I am considering. Some real estate companies have developed computer programs that use quantitative......

Words: 435 - Pages: 2

...Benefit of Quantitative Reasoning for Business Johnny Test University of Alabama With the dismal condition of the United States economy one can’t help but wonder why. Having been a country of great ambition and innovation the United States of today is dying. This country once produced some of the world’s brightest minds. As of late however there seems to be more value placed on religious and superficial beliefs than that of educating today’s students in areas of science and mathematics. These are the areas that promote critical thinking, reasoning, and problem solving skills. It is these skills that once kept this great nation a float and ahead of the rest. With the introduction of Quantitative Reasoning we will be able to pull out of this economic disaster we are currently living in today. Quantitative Reasoning is a course we are required to take halfway through the MBA program at the University of Phoenix. It applies quantitative reasoning skills to business problems. During which we will learn to analyze data using a variety of analytical tools and techniques. It combines many areas of study such as, formulas, visual representations of quantities, time value of money, and measures of uncertainty. The diversity of this course challenges our critical thinking, reasoning, and problem solving skills we will need to succeed in later course. It uses math formulas that will be critical for accounting. Visual representation of quantities used in statistics and......

Words: 426 - Pages: 2

...QRB 501( Quantitative Reasoning for Business) All Week 1- 6 - Individual and Team Assignment and DQs Click Link below To Purchase: http://homework-aid.com/QRB-501-Quantitative-Reasoning-for-Business-All-Weeks-1-6-486.htm?categoryId=-1 QRB 501 Week 1 Individual Assignment - Order of Operations and Dependent and Independent Variables Individual Assignment: Order of Operations and Dependent and Independent Variables. Complete in one file please and title each response with the text, the chapter, and the question. This format applies to all assignments in subsequent weeks. • Complete the following order of operations questions: o McConnell & Brue text • Ch. 7, study question 12 • Ch. 8, study questions 2 and 11 • Ch. 20, study question 2 • Ch. 22, study question 7 o Marshall, McManus, & Viele text • Ch. 3, exercise E3.6 • Complete the following dependent and independent variables question from the Horngren text: o Ch. 2, question 2B2 QRB 501 Week 2 Individual Assignment - Levels of Measurement, Simultaneous Equations, and Time Series Individual Assignment: Levels of Measurement, Simultaneous Equations, and Time Series. Complete in one file please and title each response with the text, the chapter, and the question. Individual Assignment: Levels of Measurement, Simultaneous Equations, and Time Series • Complete the following levels of measurement question from the Lind,......

Words: 684 - Pages: 3

...Quantitative Reasoning 1. Create two sets. Set A will be the list of the five items you personally need to buy the most (essential items). Set B will be the list of the five items that you want to buy the most (fun stuff). ANSWER: A = {CAR, GAS, WATER, FOOD, HOUSE} B = {CAR, COMPUTER, IPOD, HOUSE, TV} 2. List the items in Set A and Set B, and also list or state the items in the union and in the intersection of Set A and Set B. ANSWER: UNION = {CAR, GAS, WATER, FOOD, HOUSE, COMPUTER, IPOD, TV} INTERSECTION = {CAR, HOUSE} 3. Now assume that the prices of the items in your set A are 20, 40, 60, 70 and 80. Assume that the prices of the items in your set B are 90, 120, 30, 60 and 40. Note: if you have one or two identical items in both sets, then assume that the prices of the identical items are the same as the prices that appear in set A (instead of having two different prices to the same item.) ANSWER: A = {(CAR, $20) (GAS, $40) (WATER, $60) (FOOD, $70) (HOUSE, $80)} B = {(CAR, $20) (COMPUTER, $90) (IPOD, $120) (HOUSE, $80) (TV, $30)} 4. What will the total cost of Set A be if it contains one unit of each item? ANSWER: $270 5. What will the total cost of the union set be if it contains one unit of each item? ANSWER: UNION SET = $20 + $40 + $60 + $70 + $120 + $80 +$30 = $420 6. What will be the total cost of the intersection? ANSWER: ...

Words: 390 - Pages: 2

...QRB 501( Quantitative Reasoning for Business) All Week 1- 6 - Individual and Team Assignment and DQs Click Link below To Purchase: http://homework-aid.com/QRB-501-Quantitative-Reasoning-for-Business-All-Weeks-1-6-486.htm?categoryId=-1 QRB 501 Week 1 Individual Assignment - Order of Operations and Dependent and Independent Variables Individual Assignment: Order of Operations and Dependent and Independent Variables. Complete in one file please and title each response with the text, the chapter, and the question. This format applies to all assignments in subsequent weeks. • Complete the following order of operations questions: o McConnell & Brue text • Ch. 7, study question 12 • Ch. 8, study questions 2 and 11 • Ch. 20, study question 2 • Ch. 22, study question 7 o Marshall, McManus, & Viele text • Ch. 3, exercise E3.6 • Complete the following dependent and independent variables question from the Horngren text: o Ch. 2, question 2B2 QRB 501 Week 2 Individual Assignment - Levels of Measurement, Simultaneous Equations, and Time Series Individual Assignment: Levels of Measurement, Simultaneous Equations, and Time Series. Complete in one file please and title each response with the text, the chapter, and the question. Individual Assignment: Levels of Measurement, Simultaneous Equations, and Time Series • Complete the following levels of measurement question from the Lind, Marchal, &......

Words: 661 - Pages: 3

...QRB 501( Quantitative Reasoning for Business) All Week 1- 6 - Individual and Team Assignment and DQs Click Link below To Purchase: http://homework-aid.com/QRB-501-Quantitative-Reasoning-for-Business-All-Weeks-1-6-486.htm?categoryId=-1 QRB 501 Week 1 Individual Assignment - Order of Operations and Dependent and Independent Variables Individual Assignment: Order of Operations and Dependent and Independent Variables. Complete in one file please and title each response with the text, the chapter, and the question. This format applies to all assignments in subsequent weeks. • Complete the following order of operations questions: o McConnell & Brue text • Ch. 7, study question 12 • Ch. 8, study questions 2 and 11 • Ch. 20, study question 2 • Ch. 22, study question 7 o Marshall, McManus, & Viele text • Ch. 3, exercise E3.6 • Complete the following dependent and independent variables question from the Horngren text: o Ch. 2, question 2B2 QRB 501 Week 2 Individual Assignment - Levels of Measurement, Simultaneous Equations, and Time Series Individual Assignment: Levels of Measurement, Simultaneous Equations, and Time Series. Complete in one file please and title each response with the text, the chapter, and the question. Individual Assignment: Levels of Measurement, Simultaneous Equations, and Time Series • Complete the following levels of measurement question from the Lind, Marchal, &......

Words: 661 - Pages: 3

...QRB 501( Quantitative Reasoning for Business) All Week 1- 6 - Individual and Team Assignment and DQs Click Link below To Purchase: http://homework-aid.com/QRB-501-Quantitative-Reasoning-for-Business-All-Weeks-1-6-486.htm?categoryId=-1 QRB 501 Week 1 Individual Assignment - Order of Operations and Dependent and Independent Variables Individual Assignment: Order of Operations and Dependent and Independent Variables. Complete in one file please and title each response with the text, the chapter, and the question. This format applies to all assignments in subsequent weeks. • Complete the following order of operations questions: o McConnell & Brue text • Ch. 7, study question 12 • Ch. 8, study questions 2 and 11 • Ch. 20, study question 2 • Ch. 22, study question 7 o Marshall, McManus, & Viele text • Ch. 3, exercise E3.6 • Complete the following dependent and independent variables question from the Horngren text: o Ch. 2, question 2B2 QRB 501 Week 2 Individual Assignment - Levels of Measurement, Simultaneous Equations, and Time Series Individual Assignment: Levels of Measurement, Simultaneous Equations, and Time Series. Complete in one file please and title each response with the text, the chapter, and the question. Individual Assignment: Levels of Measurement, Simultaneous Equations, and Time Series • Complete the following levels of measurement question from the Lind, Marchal, &......

Words: 661 - Pages: 3

Words: 661 - Pages: 3

...QRB 501 (Quantitative Reasoning For Business) Entire Class IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/QRB-501-Quantitative-Reasoning-For-Business-Full-Class-A-5435454.htm If You Face Any Problem E- Mail Us At JohnMate1122@gmail.com WEEK 1 Week 1 Summary Week one was an eye opener for me, after being out of contact with mathematical equations since my last statistics class a refresher week is just what I needed. My main focus was correctly following the order of operations while solving equations. During our practice quiz in MyMathLab I quickly realized I was doing something wrong. After checking with our text book I found out I was not following the correct format when I was addressing the equations. Division is first, then anything in the parenthesis and then from left to right (I hope I got this right). This week also help me better understand the formulation for simple interest, rate of return on assets (ROA), the components of the GDP equation as well as how inflation rates are determined and the equation to find them. All in all this week has been filled with excitement, wonder and refreshment for myself and I hope the next 5 weeks keep up the same pace. I enjoy learning mathematical equations, terms and trying to apply what I have learned. I might not be the brightest when it comes to math but I will give it my all. Week 1 DQ 1 The purpose of this DQ is to provide more information on......

Words: 3229 - Pages: 13

...QRB 501 (Quantitative Reasoning For Business) Entire Class IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/QRB-501-Quantitative-Reasoning-For-Business-Full-Class-A-5435454.htm If You Face Any Problem E- Mail Us At JohnMate1122@gmail.com WEEK 1 Week 1 Summary Week one was an eye opener for me, after being out of contact with mathematical equations since my last statistics class a refresher week is just what I needed. My main focus was correctly following the order of operations while solving equations. During our practice quiz in MyMathLab I quickly realized I was doing something wrong. After checking with our text book I found out I was not following the correct format when I was addressing the equations. Division is first, then anything in the parenthesis and then from left to right (I hope I got this right). This week also help me better understand the formulation for simple interest, rate of return on assets (ROA), the components of the GDP equation as well as how inflation rates are determined and the equation to find them. All in all this week has been filled with excitement, wonder and refreshment for myself and I hope the next 5 weeks keep up the same pace. I enjoy learning mathematical equations, terms and trying to apply what I have learned. I might not be the brightest when it comes to math but I will give it my all. Week 1 DQ 1 The purpose of this DQ is to provide more information on......

Words: 3229 - Pages: 13

...QRB 501 (Quantitative Reasoning For Business) Entire Class IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/QRB-501-Quantitative-Reasoning-For-Business-Full-Class-A-5435454.htm If You Face Any Problem E- Mail Us At JohnMate1122@gmail.com WEEK 1 Week 1 Summary Week one was an eye opener for me, after being out of contact with mathematical equations since my last statistics class a refresher week is just what I needed. My main focus was correctly following the order of operations while solving equations. During our practice quiz in MyMathLab I quickly realized I was doing something wrong. After checking with our text book I found out I was not following the correct format when I was addressing the equations. Division is first, then anything in the parenthesis and then from left to right (I hope I got this right). This week also help me better understand the formulation for simple interest, rate of return on assets (ROA), the components of the GDP equation as well as how inflation rates are determined and the equation to find them. All in all this week has been filled with excitement, wonder and refreshment for myself and I hope the next 5 weeks keep up the same pace. I enjoy learning mathematical equations, terms and trying to apply what I have learned. I might not be the brightest when it comes to math but I will give it my all. Week 1 DQ 1 The purpose of this DQ is to provide more information on......

Words: 3229 - Pages: 13

Words: 3229 - Pages: 13

Words: 3229 - Pages: 13