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Introduction to Quantitative Decision Making


This course breaks down into 3 major components: Basic Business Math, Linear Programming (constrained minimum/maximum optimization) and financial math (wonders of compound interest and annuities)


Week 1

Unit 1 Basic Math Operations

Unit 1 – Basic Math Operations.docx

  • External link opens in new tab or windowVideo presentation

Unit 2 Review of Basic Algebra

Unit 2 - Basic Algebra.docx

       External link opens in new tab or windowUnit 2 Lecture

Week 2 & 3

Unit 3 - Ratio, Proportion and Percents

Unit 3 - Ratio, Proportion & Percents.pptx

       External link opens in new tab or windowUnit 3 Lecture - Part 1 - Ratios, Proportions & Percents

       External link opens in new tab or windowUnit 3 Lecture -  Part 2 - Currency Conversion: An Application of Ratios

Unit 4 Trade Discounts, Cash Discounts, Markup and Markdown

Unit 4 - Trade Discounts, Cash Discounts, Markup.pptx
Unit 4 – Trade Discounts, Cash Discounts, Markup, and Markdown Extra Practice Questions.pdf

       External link opens in new tab or windowUnit 4 Lecture - Part 1 - Trade Discounts
       External link opens in new tab or windowUnit 4 Lecture - Part 2 - Ca$h Di$count$ and Invoice Dating
       External link opens in new tab or windowUnit 4 Lecture - Part 3 - Markups and Markdowns

Week 4

Unit 5 Simple Interest

Unit 5 - Simple Interest.pptx
Unit 5 Simple Interest Additional Problems.pdf

       External link opens in new tab or windowUnit 5 Lecture - Part 1 - Interest and Future (Maturity) Value

       External link opens in new tab or windowUnit 5 Lecture - Part 2 - Principal Value and Equivalent Payments

Week 5

Unit 6 - Review of Linear Systems

Unit 6 - Review of Linear Systems with Graphing.pptx

       External link opens in new tab or windowUnit 6 Lecture Review of Linear Systems with Graphing

Unit 7 - Cost-Volume-Profit Analysis and Break-Even

Unit 7 - Cost-Volume-Profit Analysis and Break-Even.pptx
Unit 7 - CVP Break Even Analysis - Extra Problems.pdf

       External link opens in new tab or windowUnit 7 Lecture - Part 1

       External link opens in new tab or windowUnit 7 Lecture - Part 2

Week 6

Linear Programming Models Part 1

Linear Programming Models - Part 1.pptx

       External link opens in new tab or windowUnit 8 Lecture - Part 1
       External link opens in new tab or windowUnit 8 Lecture - Profit Maximization Example
       External link opens in new tab or windowUnit 8 Lecture - Cost Minimization Example

Week 7 & 8

Linear Programming Modelling using Excel - LP Part 2

Linear Programming Modeling Applications using Excel - LP Part 2.pptx
Linear Programming Practice Questions.pdf Practice problems for LP part 1 & 2
LP - Example Questions in the Videos.xlsx

      External link opens in new tab or windowUnit 8 Lecture - Flair Furniture - Product Mix

      External link opens in new tab or windowUnit 8 Lecture - Advertising Mix

      External link opens in new tab or windowUnit 8 Lecture - Motor Product Mix

     External link opens in new tab or window Unit 8 Lecture - Portfolio Allocation Finance Example

      External link opens in new tab or windowUnit 8 Lecture - Shed Rental Example

Week 9

Unit 9 - Compound Interest

Unit 9 - Compound Interest – FV & PV.pptx
Unit 9 Compound Interest - Practice Problems.pdf

       External link opens in new tab or windowUnit 9 - Compound Interest Lecture - Part 1 - Introduction and Future Value

       External link opens in new tab or windowUnit 9 - Compound Interest Lecture - Part 2 - Present Value

       External link opens in new tab or windowUnit 9 - Compound Interest Lecture - Part 3 - Promissory Notes
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       External link opens in new tab or windowUnit 9 - Compound Interest Lecture - Part 4 - Equivalent Payments
Week 10 & 11

Unit 10 Annuities

Unit 10 Part 1 - Ordinary Simple Annuities.pptx
Unit 10 Part 2- Ordinary General Annuities.pptx
Unit 10 - Annuities - Additional Problems.pdf

       External link opens in new tab or windowUnit 10 - Lecture -  Ordinary Simple Annuities - Part 1 Introduction to Annuities

       External link opens in new tab or windowUnit 10 - Lecture - Ordinary Simple Annuities - Part 2 Finding FV and Using a Financial Calculator

       External link opens in new tab or windowUnit 10 - Lecture - Ordinary Simple Annuities - Part 3 Finding PV and Payment Amounts
       External link opens in new tab or windowUnit 10 - Lecture - Ordinary Simple Annuities - Part 4 Finding Term, Nominal Interest Rates, and Effective Rates of Interest
       External link opens in new tab or windowUnit 10 - Lecture - Ordinary GENERAL Annuities - Part 1 Finding FV and PV
       External link opens in new tab or windowUnit 10 - Lecture - Ordinary GENERAL Annuities - Part 2 Finding PMT, N, term, and interest rates (nominal and effective)
Week 12 & 13

Data Visualization

Data Visualization - Brief Overview

       External link opens in new tab or windowData Visualization - Lecture

Courses



EDIT


External link opens in new tab or windowIntroduction to Quantitative Decision Making


MGTS 113

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"An investment in knowledge pays the best interest" --- Benjamin Franklin

"I will tell you the secret of getting rich on Wall Street.  You try to be greedy when others are fearful, and you try to be fearful when others are greedy"  --- Warren Buffett

 

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