MOUNT SAINT MARY’S UNIVERSITY

School of Business

 

 

Management Science

Business 340

 

Dr. Karl W. Einolf

Summer 2009

Tues/Thurs 6pm – 9:15pm

June 30  –  July 30

 

Required Text

Render, B., Stair, R.M., and Hanna, M.E. Quantitative Analysis for Management, 10th edition.  Upper Saddle River, New Jersey: Prentice Hall, 2009.  ISBN: 9780136036258  (You may also use the 9th edition – it is much cheaper – use ISBN: 9780131857025.)

 

Administrative

Office:             317 Knott Academic Center

Telephone:       (301) 447-5396  x4068

Email:              einolf@msmary.edu

 

Course Objective

The objective of this course is to provide the student with a thorough understanding of modern quantitative analysis applied to the numerous problems associated with managerial decision making.  The student will develop problem solving skills by learning to classify problems and applying appropriate techniques to solve the problems.  The student will also learn to utilize sophisticated computer software as a tool to solve business decision problems.  The student will examine business decision problems in marketing, health care management, high tech fields, accounting, insurance, education, and game theory.

 

This course will satisfy the following objectives of the Undergraduate Program:

            Students will comprehend and skillfully employ quantitative reasoning

            Students will complete an undergraduate major (this course is a requirement for the Business Major)

            Students will connect this learning in this course with learning from the core and their major

 

 

Course Requirements and Grades

Take Home Midterm Exam                            40%

Homework / Participation / Attendance         10%

Take Home Final Exam                                  50%

                                   

 

Grading Scale:

93-100  A              73-77      C       

90-93      A-            70-73      C-

87-90      B+            67-70      D+

83-87      B              63-67      D

80-83      B-             60-63      D-

77-80      C+         0-59        F

 

 

Homework and Computer Projects

You will be required to complete a number of homework sets and computer projects throughout the semester.  “Learning-By-Doing” is an important part of performing quantitative business analysis.  The student that spends a great deal of time with the homework problems will be rewarded with a mastery of the course and better scores on exams!  I am willing to help with your homework problems, so please do not hesitate to see me or call me.  Some of the problems will be relatively easy, while others will require considerable thought.  The more difficult problems will be well worth your effort because they will ensure that you are an adept quantitative thinker.  We will spend time in class discussing some of these problems.   However, I encourage you to work with your fellow classmates to guarantee that you have mastered ALL of the problems.

 

Although I do encourage that you work with your classmates, I expect you to hand in your own work!  You may not copy in any way (i.e. handwritten, photocopy, or electronic) another person’s work. Any violations of this policy will be dealt with swiftly and severely!

 

All problem sets must be turned in to me by their due date and time.  LATE HOMEWORK ASSIGNMENTS WILL RECEIVE A SCORE OF ZERO – NO EXCEPTIONS!  I will assign problems the class before the assignment is due.

 

Class Participation and Attendance

Attendance in class is mandatory!  Participation in class discussions is also important for the success of our class.