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Unformatted text preview: ISDS 3711 Mgmt Science/Analytical Tools INSTRUCTOR: Dr. Michael J. Cervetti PHONE: 678-5734 (Off.) 737-2050 (Home) EMAIL: mcervtt1@memphis.edu Text: Introduction to Management Science & Quantitative Tools A Custom Edition for the University of Memphis Taken from: Statistics for Managers Using Microsoft Excel, 5th Edition by Levine, Stephan, Krehbiel, and Berenson and Managerial Decision Modeling with Spreadsheets, 2nd Edition by Nagraj Balakrishnan, Barry Render, and Ralph Stair, Jr. O-536-57538-X ISBN: Course Description: Analytical concepts and tools useful in understanding, assessing, and controlling operations of business. The major objectives are both an understanding of the analytical methods introduced in the course and comprehension of a framework for the application of these tools to business problems and business research activities. Evaluation: The final grade in the course is determined by three regular semester exams, homework assignments, and a comprehensive final exam. The exact time of the final exam will be announced. Failure to turn in all computer assignments will result in a drop of one letter grade. The following scale is used: A = 92 percent of total points possible B = 82 - 91 C = 72 - 81 D = 68 - 71 F = 67 and less Class participation and attendance: No make-up work is provided for assignments or tests. All work must be turned in ON TIME to receive credit. Because of the difficult nature of this material, attendance is required. Class time will be divided between lectures, problem solving, class discussions, pop quizzes, and examinations. Missing classes may cause a drop in grades. Content: A brief review of basic statistics and probability on day one. Chapters 13-16 of the Levine book will follow. Chapters 1-10 of the Balakrishnan book will conclude the course. Topics to be covered will include: simple linear regression, multiple regression, model building, timeseries forecasting, linear modeling: graphical and computer methods, queuing models, transportation models, project management, decision analysis, and simulation models. See table of contents in book for full detail of coverage. Also attached to the syllabus are detailed lists of reading and homework assignments. Note: Reasonable and appropriate accommodations will be provided to students with disabilities who present a memo from Student Disability Services (SDS). * * * * Grading Hmwk. & Quizzes Exam I Exam II Exam III Final Exam 25% 25% 25% 25% (if necessary) WARNING: A prerequisite and/or upper division check may be done once the first class roll has been issued. If you do not have the appropriate upper division approval designated on your advisor form and/or prerequisite for this course, you may be administratively dropped. This check will not be completed until after the "add" period. If you do not have the required upper division approval or prerequisites, it is your responsibility to correct the situation during the official "add" period. In this regard, please make sure you contact your advisor and/or student handbook to fully understand the policies regarding drops, incompletes and other university policies that might affect academic progress. Please dont wait until the last day of class to get problems resolved. Statistics Scheduled Reading Assignments The following schedules are strictly tentative. The instructor may adapt the pace and the order of presentation to fit the needs of the class. Week 1 Review of Basic Concepts, Sec. 13.1, 13.2, 13.3, 13.4, 13.5, 13.6, 13.7 Week 2 Sec. 13.8, 13.9, 14.1, 14.2, 14.3, 14.4 Week 3 Sec. 14.5, 14.6, 15.1, 15.2, 15.3, 15.4, 15.5, Review for Test 1 (Chapters 13, and 14) Week 4 Sec. 16.1, 16.2, 16.3, 16.4, 16.5, 16.6, 16.7, 16.9, Review for Test 1 (Chapters 13 - 16) Week 5 Sec. 1.1, 1.2, 1.3, 1.4, 1.5, 1.6, 1.7, 2.1, 2.2, 2.3, 2.4, Test 1 Week 6 Sec. 2.5, 2.6, 2.7, 3.1, 3.2, 3.3, Review for Test 2 (Chapters 15, 16, 1, and 2) Week 7 Sec. 3.5, 4.1, 4.2, 4.3, 4.4, Review for Test 2 (Chapters 1 - 4) Week 8 Sec. 5.1, 5.2, 5.3, 5.5, 5.6, 5.7, 5.8, 6.1, 6.2, 6.3 Test 2 Week 9 Sec 7.1, 7....