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# ST. MARY’S COLLEGE OF TAGUM, INC.

## BusMath 3 Quantitative Techniques in Business

### Revised Edition, 2014

COURSE DESCRIPTION:

The course provides the how, why and where quantitative techniques are used without excessive or complex mathematical notation for business students. Basic algebraic concept and mathematical skills is used in solving linear programming and for decision making hence made a part of the course.

TERMINAL OBJECTIVES:

At the end of the semester, the students are expected to:

• 1. Apply the principles and concepts of linear programming, business forecasting and break-even point analysis to business problems

• 2. Construct tables and graphs using the different methods and techniques of solving programming, business forecasting and break-even point analysis problems

• 3. Make managerial decisions aided by linear programming, business forecasting and break-even point analysis

• 4. Make economic forecasts aided by linear programming techniques, bearing in mind enhancement of quality of life in peace, justice and love

TIME FRAME: 54 hours

SCOPE AND SEQUENCE (BUSMATH - Quantitative Techniques In Business)

 I. ORIENTATION IV. LINEAR PROGRAMMING A. VMGO A. Graphical Method B. School’s Rules and Regulations 1. Steps to follow in using graphical method C. Services and Facilities of the School 2. Graph of the Constraints 3. Finding the Optimum Solutions B. Simplex Maximization Method II. REVIEW OF ALGEBRAIC OPERATIONS 1. Steps in Solving the Maximization Method A. Basic Algebraic Operations 2. Converting the constraints to equation B. Laws of Signed Numbers 3. Setting up the Simplex Table C. Addition and Subtraction of Monomials C. Transportation Method D. Multiplication & Division of Monomials 1. Stepping Stone Method E. Addition and Subtraction of Polynomials 1. a Demand Equals Supply F. Factoring Polynomials and Quadratic Trinomials D. MODI (Modified Distribution Method) 1. Unbalanced Transportation Method III. LINEAR EQUATIONS & INEQUALITIES 1. a Demand Equals Supply A. Principles Used in Equation Solving 1. b Demand Lesser than Supply B. Equations Containing Fractions 2. Degenerate Transportation Problem C. Solving Quadratic Equations by: 3. Maximization Process 1. Factoring E. Assignment Method 2. Competing the Squares 3. Quadratic Formula V. BUSINESS FORECASTS & TRENDS D. Solving Linear Equations in Two Variables by: A. Average Forecast 1. Graphing B. Moving Average Forecast 2. Elimination C. Linear Regression 3. Substitution E. Linear Inequalities VI. BREAK-EVEN POINT ANALYSIS 1. One Variable A. Linear Function 2. Two Variables B. Non-Linear Function
• F. Graphing Linear Inequalities

• C. Basic Rules of Derivates

• D. Applications of Maxima & Minima in Business

 6 HOURS OBJECTIVES At the end of the prescribed hours the students are expected to recall, understand and apply the basic algebraic operations. REVIEW OF BASIC At the end of the prescribed hours the students are able to: ALGEBRAIC OPERATIONS 1. Solve problems involving the addition, subtraction, multiplication and division of polynomials LEARNING OUTCOMES 2. Factor polynomials and quadratic trinomials STRATEGIES Differentiated activities on assigned problems supplemented by lecture using PowerPoint through the LED television IGNACIAN CORE/RELATED VALUE FAITH ; Strong Faith in GOD SOCIAL ORIENTATION FOR VICTIMS OF CALAMITIES: Operation: Bangon Visaya, Opearation: Tindog Comval LESSON ACROSS DISCIPLINE Mathematics, Sociology, Theology FAITH/BIBLICAL REFLECTIONS Rom. 4:20 EVALUATION/APPLICATION Purposive assignment, quizzes and examination on a periodic basis SUGGESTED READINGS BASIC ALGEBRAIC EXPRESSIONS http://www.ltu.edu/courses/lowry/techmath/class/unit2.html Retrieved January 20, 2013

REFERENCES:

Render, Barry. Quantitative analysis for management. Singapore: Pearson Education. 2012 Russell, Roberta and Taylor, Bernard W. Operations management. 7 th edition. New Jersey: John Wiley and Sons. 2011. Heizer, Jay and Barry. Render. Operations Management. 10 th edition. Singapore: Pearson Education, Inc. 2011. Agamata, Franklin. Management advisory services: a comprehensive guide. 12 th edition. Manila: GIC Enterprises and Co., Inc. 2011. Arao, Reynaldo. (et.al). Quantitative approaches in decision making. Manila: Rex Book Store, Inc. 2009.

SUGGESTED WEBSITES:

www.bizbound.com/breakeven.html

Retrieved January 20, 2013 Retrieved January 20, 2013 Retrieved January 20, 2013 Retrieved January 20,2013

 Long Examination 50% Quiz 30% Seatwork/Assignment 10% Participation 10% Total 100% Prepared by: Reviewed by: Approved by:

Doris Marie N. Pateño, CPA, DBM

Instructor

Doris Marie N. Pateño, CPA, DBM