Quantitative Techniques
Description
This objective of this module is to develop an appreciation and understanding of how various quantitative techniques can be modelled to facilitate problem solving, business decision making and implementing better management in the organization.
Learning Outcomes
Conduct a survey, calculate statistics, interpret, present and analyse the findings.
Extrapolate for business data the important trends and factors to enable accurate forecasts.
Employ appropriate statistical and quantitative tools to solve business problems and aid in decision making
Construct a Network Diagram for a project and identify critical and non-critical activities.
Apply the Linear Regression Model to financial and ecomonic data.
Apply linear programming techniques to solve real world business optimisation problems.