http://www.dmacc.edu

Campus Name: online

Course Title: Quantitative Methods for Business Decision Making

Course Number: BUS231

Section Number & CRN: WW1 (CRN 22890)

Instructor Information

Name

Suzanne Markow

E-mail Address

skmarkow@dmacc.edu

Phone Number

515-964-6389

Fax Number

515-965-7135

Office Location

Ankeny bldg 8, room 1-a

Office Hours

Office hours are online, or on campus by appointment.

Instructor Web Page Address

www.dmacc.edu/instructors/skmarkow

Blackboard

https://secure.dmacc.edu/myonlinelearning/login.aspx

Course Information

Semester & Year

Spring 2012

Date Syllabus Created and/or Revised

Created 11.8.2011

Days & Time & Location

Online only

Course Description & Credits

 http://www.dmacc.edu/courses/crsrod.asp

An introduction to management research methods used in business. The application of mathematical models in decision-making. Topics include probability, break-even analysis, inventory control, statistics and transportation models. This is an online course using QM software.

Prerequisites

MAT073, or Intermediate Algebra, or 2 years high school algebra, or dept. permission

Course Competencies

https://go.dmacc.edu/competencies

Condensed version:

1. How quantitative analysis is used in business today.
2. How probability and statistics relate to analysis.
3. Different forecasting techniques and when each should be used.
4. How businesses apply decision theory, decision trees and utility theory to their operations.
5. The relationship between variables in a regression model.
6. How inventory control impacts operations and profitability; complex models, JIT and ERP.
7. Linear programming: graphical methods, applications, and transportation and assignment models.
8. The differences between linear programming and integer programming.
9. The importance of queuing theory.
10. What role simulation plays in decision making.
11. How network models relate to project control (project management, PERT and other tools).

Course Overview

Chapter work

One chapter due each week on Tuesday: discussion, homework problems, and quiz for each chapter.

 

Final case study

Final case study to be announced (open-book). 

Textbooks & Materials

Required Textbooks & ISBN

"Quantitative Analysis for Management" 11th edition by Render, Stair, and Hanna (ISBN 978-0-13-214911-2 or 0-13-214911-7). Textbook is REQUIRED.

 

The book is available from the Ankeny campus bookstore. You can either go pick it up, or they will mail it to you. This book might also be available as a rental; contact the bookstore to inquire.

Software Applications

You will need to use either the QM software (available on the textbook website), or Microsoft Excel (NOT included), to complete your homework in this class.


Access to the Internet is required to take this course online.

Software Notice

“All the software used in this class is copyrighted; therefore, it is not for distribution, copying, or personal use. This software is the property of Des Moines Area Community College.”

Course Policies

Attendance

The class schedule includes an outline for class content, and due dates for assignments and quizzes. Students are expected to manage their own time when learning in an online environment; there is no set classroom time or lab time. A reasonable expectation of your time spent would be at least 4+ hours each week (spring schedule).

 

Plan to sign on several times a week, and work on the course throughout the week. If you plan to sign on at the last minute and try to get it done, you should not be taking this course.

 

A student may work ahead of the posted schedule, but getting too far behind can make it very difficult to complete the course work. All course work must be completed and turned in to the instructor by the due date listed.

 

COMPUTER FAILURE is not an excuse for missing assignments, due dates, or quizzes. If your home computer does not work, or if it has "issues", you are responsible for finding another computer to use, or going to one of the DMACC campuses to use one of the labs.

Grading Criteria

The final course grade is composed of:

         

DISCUSSION: each chapter begins with an online discussion thread. “Discussion” makes up approximately 10% of your final grade.

 

HOMEWORK: each chapter’s content is done individually and includes reading the text and online lecture notes, then solving and submitting your homework problems. “Homework” makes up approximately 40% of your final grade.

 

QUIZZES: each chapter ends with an online quiz. “Quizzes” make up approximately 50% of your final grade.

 

FINAL CASE STUDY: the class ends with an open-book final case study, equal in points to one regular chapter (40 points).

 

The number of points earned by the student, out of the total points possible, will determine the letter grade. (That's 40 points per chapter, 14 chapters and final case study, minus low quiz = 580 total points in the course.) The following scale is used:

A               90-100%

B               80-89%

C               70-79%

D               60-69%

F               Less than 60%

The + (plus) or – (minus) will be assigned to the grade as appropriate.

Classroom Conduct

https://go.dmacc.edu/handbook

I expect you to be respectful to me, and to each other, in this class, even though you are in "cyberspace". If you feel uncomfortable about any aspect of our class environment, it is your responsibility to discuss it with me, the instructor.

Quiz Policy

There is an online quiz at the end of each chapter. These are open book, but they are timed. Quizzes must be completed by the posted due date and time; no late work accepted, no makeup quizzes given.

 

You have the option of discarding your one lowest quiz score; you can also use this option if you inadvertently miss taking a quiz (i.e. you receive a zero on one of your quizzes). No other exceptions apply to this policy.

 

QUIZZES ARE TAKEN BY YOU ALONE. Someone “helping” you is considered cheating and will be dealt with according to DMACC’s academic dishonesty policy (i.e. you will receive a zero for the quiz, and will be reported and referred to the dean of the college, and DMACC's judicial officer).

Late Assignments

There are numerous student assignments given during the course. The assignments, point value and due date are given on the course website, and are due as stated. You will not be given credit or points for late work. Plan your time accordingly.

Extra Credit

There is no extra credit option given to individual students. Any extra credit that is given would be available to all students equally, and posted on the course website in Announcements.

Academic Dishonesty/Plagiarism

It is important for you to be familiar with and follow DMACC’s Academic Misconduct policy. Students are encouraged to review DMACC’s Academic Misconduct Policy on-line at https://go.dmacc.edu/handbook/polprocedures/pages/academicmisconduct.aspx or in the DMACC Student Handbook.

 

Don't cheat. Don't claim the work of another as your own. These things are unacceptable to me, and to the college, and will be dealt with accordingly. This is an online course; it requires the same academic integrity as a face-to-face class does.

 

Being party to cheating, counts as cheating. You still get a zero and you still go through the process for academic dishonesty.

DMACC Information

Add/Drop Dates

https://go.dmacc.edu/registration/pages/add_drop.aspx

Note: it is the student's responsibility to officially "drop" any course for which they plan to discontinue attendance, by the appropriate deadline. If you just quit attending, it is not automatic- it will still show up on your transcript as an F or W. You must OFFICIALLY drop the course yourself.

Refund Policy

https://go.dmacc.edu/registration/Pages/refund.aspx

 

Support Services

Services for Students with Disabilities

https://go.dmacc.edu/student_services/disabilities

Any student with a documented disability who requires reasonable accommodation should contact the Disability Services Coordinator at 515-964-6850V or hlcoon@dmacc.edu or the counseling & advising office on any campus to apply for services.

Course Syllabus

Disclaimer: “This syllabus is representative of materials that will be covered in this class; it is not a contract between the student and the institution. It is subject to change without notice. Any potential exceptions to stated policies and requirements will be addressed on an individual basis, and only for reasons that meet specific requirements. If you have any problems related to this class, please feel free to discuss them with me.”

Nondiscrimination Policy: Des Moines Area Community College shall not engage in or allow discrimination covered by law. This includes harassment based on race, color, national origin, creed, religion, gender, sexual orientation, age, and disability. Veteran status in educational programs, activities, employment practices, or admission procedures is also included to the extent covered by law. Individuals who believe they have been discriminated against may file a complaint through the College Discrimination Complaint Procedures. Complaint forms may be obtained from the DMACC Web site, the Ombudsperson, Judicial Officer, Human Resources Department, the campus Provost's Offices, and Academic Deans’ Offices.

Students who wish additional information or assistance may contact the Executive Dean, Student Services, Laurie Wolf, Bldg. 1 on the Ankeny Campus, 515-964-6437 or the Judicial Officer, Debbie McKittrick, Bldg. 1 on the Ankeny Campus, 515-964-6574 or they may refer to Student Services procedure ES 4645 located at https://go.dmacc.edu/student_services/int. Click Policies & Procedures.

Employees and applicants who wish additional information or assistance may contact the EEO/AA Officer, Dr. Sandy Tryon, Human Resources, Bldg. 1 on Ankeny Campus, 515-964-6301 or refer to HR Procedures 3000, 3005, 3010, 3015, and 3020 at http://www.dmacc.edu/hr/hrpp.asp

Program Development/Academic Support Services Director, Sharon Bittner, is the official Student Accommodation Office/Section 504/ADA Coordinator for DMACC. The ADA Coordinator’s office is located in Bldg. 6-10e on the Ankeny Campus and may be contacted by voice (515-964-6857) or sgbittner@dmacc.edu. The ADA Coordinator is responsible for ensuring that the college complies with federal regulations that guarantee qualified students with disabilities equal access to all programs and services. Any student, faculty, or staff member may contact the ADA Coordinator’s office for clarification of federal regulations, appeal of a grievance, or resolution of a disability-related problem.

Syllabus Addendum

To access additional information related to DMACC policies and procedures that impact the classroom (i.e. use of technology, weather-related cancellations, classroom conduct, etc.), the DMACC student handbook, registration information (including add/drop dates and refund dates), student service information (including counseling and advising), the DMACC academic calendar, and campus-specific resources (i.e. Academic Achievement Center, library, computer, labs, etc), go to https://go.dmacc.edu/handbook and click “Syllabus Addendum” in the left navigation.

If you do not have access to a computer and need a printed version of any of the information described above, contact your instructor.

         

 


 

BUS231 Course Schedule- Spring Semester 2012

Week

Assignment

Due Date

 

CLASS BEGINS JANUARY 9; buy your book BEFORE class begins and get started promptly!

 

Week 1

Ch 1: Introduction to Quantitative Analysis

Tuesday Jan 17

Week 2

Ch 2: Probability Concepts and Applications

Tuesday Jan 24

Week 3

Ch 3: Decision Analysis

Tuesday Jan 31

Week 4

Ch 4: Regression Models

Tuesday Feb 7

Week 5

Ch 5: Forecasting

Tuesday Feb 14

Week 6

Ch 6: Inventory Control Models

Tuesday Feb 21

Week 7

Ch 7: Linear Programming Models: Graphical and Computer Methods

Tuesday Feb 28

Week 8

Ch 8: Linear Programming Applications

Tuesday Mar 6

Week 9

Ch 9: Transportation and Assignment Models

Tuesday Mar 13

 

SPRING BREAK March 19-25 (no classes)

 

Week 10

Ch 10: Integer Programming, Goal Programming, and Nonlinear Programming

Tuesday Mar 27

Week 11

Ch 11: Network Models

Tuesday Apr 3

Week 12

Ch 12: Project Management

Tuesday Apr 10

Week 13

Ch 13: Waiting Lines and Queuing Theory Models

Tuesday Apr 17

Week 14

Ch 14: Simulation Modeling

Tuesday Apr 24

Week 15

Final Case Study

Tuesday May 1