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QRB 501 nerd QRB 501 Entire Course QRB 501 Week 1 DQ 1 • QRB 501 Week 1 Quiz (New) • QRB 501 Week 2 Learning Team Case Studies (5-2 and 6-2) (New) • QRB 501 Week 2 Quiz (New) • QRB 501 Week 2 Problem Set (New) • QRB 501 Week 3 Learning Team Case Studies (8-3 and 9-1) (New) • In management, how important is it to learn to use mathematics to solve problems? How valuable is an MBA degree without the ability to identify and calculate the cost of a company’s capital, its return on investment, gross margin percentage, break-even point, or what percent of a population would be willing to buy its product?
QRB 501 nerd QRB 501 Week 1 DQ 2 QRB 501 Week 1 Quiz (New) • When using the formula NI = [U * (P-VCu)] - FC, in which order must you complete the calculation? Why does the order of operations matter? • QRB 501 Week 1 Quiz, 30 Questions Set
QRB 501 nerd QRB 501 Week 1 Summary QRB 501 Week 2 DQ 1 • What three things did you learn this week? 2. Why are they important to you? 3. How do you plan to use them? • What is forecasting? What information is forecasted at your organization? Which forecasting methods are used at your organization? What information at your organization is not currently being forecasted that could be forecasted to increase productivity or decrease waste?
QRB 501 nerd QRB 501 Week 2 DQ 2 QRB 501 Week 2 Learning Team Assignment Inventory Systems Summary • A base is first selected. In this case, the base was 1985 and set at 100. Thus, if the index was at 57.2 in May 2008, and in October 1992 the index was at 54.6, are people feeling better or worse in 2008 than they did in 1992? If the index was at 62.8 in April 2008, what does that mean for May 2008? • Research one inventory system per Team Assignment member used in an organization with which you are familiar. • Collect four years of inventory data from each organization. You may also use the University of Phoenix Material: Summer Historical Inventory Data or University of Phoenix Material: Winter Historical Inventory Data.
QRB 501 nerd QRB 501 Week 2 Learning Team Case Studies (5-2 and 6-2)(New) QRB 501 Week 2 Problem Set (New) • Use the provided Microsoft Excel template for your answers. • Use the provided template for your assignment. • Note: Show all work and calculations. (The use of Microsoft Excel software is required.) • QRB 501 Week 2 Problem Set, 20 Questions Set
QRB 501 nerd QRB 501 Week 2 Quiz(New) QRB 501 Week 2 Summary • QRB 501 Week 2 Quiz, 26 Questions Set • What three things did you learn this week? 2. Why are they important to you? 3. How do you plan to use them?
QRB 501 nerd QRB 501 Week 3 DQ 1 QRB 501 Week 3 DQ 2 • Why are graphs and charts used to represent information? What distinguishes a histogram from a bar chart? What are some examples of grouped and ungrouped data? What would be the most appropriate graphical representation to show the dispersion of new home prices in a particular area? Why? • What is the purpose of using correlation analysis? How might correlation analysis be used in business decisions or in strategy formulation and implementation? How might correlation analysis be misused to explain a cause-and-effect relationship?
QRB 501 nerd QRB 501 Week 3 Individual Assignment Forecasting with Indices QRB 501 Week 3 Learning Team Assignment Inventory Proposal Part I • Select one organization from either your Week Two Learning Team Assignment assignment, University of Phoenix Material: Summer Historical Inventory Data, or University of Phoenix Material: Winter Historical Inventory Data to complete this assignment. • Resources: Week Two Assignment, University of Phoenix Material: Summer Historical Inventory Data, or University of Phoenix Material: Winter Historical Inventory Data • Select an inventory management problem that applies to your work or personal life.
QRB 501 nerd QRB 501 Week 3 Learning Team Case Studies (8-3 and 9-1)(New) QRB 501 Week 3 Problem Set(New) • Complete the following case studies from Ch. 8 & 9 of Business Math: • Case Study 8-3, p. 300 • Case Study 9-1, p. 344 • Use the provided Microsoft Excel template for your answers. • Note. Show all work and calculations. (The use of Microsoft Excel software is required.) • QRB 501 Week 3 Problem Set, 20 Questions Set
QRB 501 nerd QRB 501 Week 3 Quiz (New) QRB 501 Week 4 DQ 1 • QRB 501 Week 3 Quiz, 20 Questions Set • How do you apply the time value of money concept to make decisions in your personal life? How might you use the Time Value of Money concept as a quantitative reasoning tool in business?
QRB 501 nerd QRB 501 Week 4 DQ 2 QRB 501 Week 4 Learning Team Assignment Inventory Proposal Part II • In the formula above, we divide both sides by ((1+i)^n), which creates a new formula where the fv is multiplied by the reciprocal of the original: fv*(1/((1+i)^n))=pv. Select an interest rate and number of periods—be sure your numbers are different from other students who already answered this question—to calculate the present value of $100 received in the future. • • Convert time series data collected in Week Two to seasonal indices. You may choose to use the University of Phoenix Material: Summer Historical Inventory Data or University of Phoenix Material: Winter Historical Inventory Data if the data you collected is insufficient.
QRB 501 nerd QRB 501 Week 4 Problem Set(New) QRB 501 Week 4 Quiz(New) • QRB 501 Week 4 Problem Set, 15 Questions Set • QRB 501 Week 4 Quiz, 13 Questions Set
QRB 501 nerd QRB 501 Week 4 Summary QRB 501 Week 4 Team Assignment Standard Deviation Abstract(New) • What three things did you learn this week? 2. Why are they important to you? 3. How do you plan to use them? • Write a basic abstract for each of your selected articles. Your abstracts must include the following: • The purpose of the study • The research question(s) • The hypothesis of the study • The main findings of the study
QRB 501 nerd QRB 501 Week 5 DQ 1 QRB 501 Week 5 DQ 2 • Does all statistical data have a mean, median, or mode? Why? When is the mean the best measure of central tendency? When is the median the best measure of central tendency? • What is the middle? If we have student scores of 4.0, 3.7, 3.7, 3.7, and 1.0, the average would be 3.2, whereas both the median and the mode would be 3.7. Is one of them truly in the middle? How dispersed is this list? That is, how much do the scores vary from the middle?
QRB 501 nerd QRB 501 Week 5 Learning Team Assignment Inventory Proposal Part III QRB 501 Week 5 Learning Team Case Studies (21-1 and 21-2)(New) • • Use the slope-intercept formula to determine the annual increase in inventory. • • Provide monthly seasonal indices for the given data. • • Identify the busy months of year. • • Identify the slow months of year. • Complete the following case studies from Ch. 21 of Business Math: • Case Study 21-1, p. 768 • Case Study 21-2, p. 769 • Create your own Microsoft Excel worksheet and format it to answer your questions.
QRB 501 nerd QRB 501 Week 5 Problem Set(New) QRB 501 Week 5 Quiz(New) • QRB 501 Week 5 Problem Set, 9 Questions Set • QRB 501 Week 5 Quiz, 24 Questions Set
QRB 501 nerd QRB 501 Week 5 Summary QRB 501 Week 6 DQ 1 • What three things did you learn this week? 2. Why are they important to you? 3. How do you plan to use them? • What are the elements of a decision? How does statistical decision theory differ in conditions of certainty and uncertainty? When making a decision, can doing nothing be a valid alternative? Why? Please remember to cite your sources.
QRB 501 nerd QRB 501 Week 6 DQ 2 QRB 501 Week 6 Learning Team Assignment Executive Management Presentation • DQ2-Week 6: Please respond to this discussion question by Saturday (Day 5): • What skills do managers need today? Are these skills different from management skills of 50 years ago? Why? • Resources:, Week Five Learning Team Assignment assignment, University of Phoenix Material: Summer Historical Inventory Data, University of Phoenix Material: Winter Historical Inventory Data, and University of Phoenix Material: Z-table • Calculate the mode, median, and mean in Microsoft® Excel® using the data from your Week Five assignment.
QRB 501 nerd QRB 501 Week 6 Learning Team Capital Budgeting Case Study(New) QRB 501 Week 6 Problem Set(New) • Complete the Capital Budgeting Case with your Learming Team. The assignment instructions are available in the University of Phoenix Material: Capital Budgeting Case. • QRB 501 Week 6 Problem Set, 9 Questions Set
QRB 501 nerd QRB 501 Week 6 Summary • What three things did you learn this week? 2. Why are they important to you? 3. How do you plan to use them?
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