Business 116: Quantitative Analysis

  • Course type: Self-paced
  • Available Lessons: 50
  • Average Lesson Length: 8 min
  • New lessons are still being added
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    The Strategic Management Process
    chapter 1 / lesson 1
    The Strategic Management Process

Course Summary

This Business 116: Quantitative Analysis course helps you quickly learn and review topics related to quantitative decision making in business. Our engaging lessons and interactive quizzes can help you prepare for upcoming exams, reinforce what you've been learning in class and bring up your grades.
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11 chapters in Business 116: Quantitative Analysis

Week {{::cp.getGoalWeekForTopic(0, 11)}}
Ch 1. Quantitative Decision Making and Risk Analysis {{cp.topicAssetIdToProgress[21333].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - The Strategic Management Process Score: {{cp.lessonAssetIdToProgress[2148].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2148].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[2148].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2148].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - The Decision Making Process for Organizations Score: {{cp.lessonAssetIdToProgress[2150].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2150].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[2150].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2150].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Quantitative Decision Making Tools: Decision Trees, Payback Analysis & Simulations Score: {{cp.lessonAssetIdToProgress[2152].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2152].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[2152].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2152].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - The Quantitative Approach to Decision Making: Methods, Purpose & Benefits Score: {{cp.lessonAssetIdToProgress[43271].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43271].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43271].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43271].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Decision Making Models: Definition, Development & Types Score: {{cp.lessonAssetIdToProgress[43272].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43272].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43272].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43272].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Decision Making for Managers: Certainty, Risk & Uncertainty Score: {{cp.lessonAssetIdToProgress[2151].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2151].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[2151].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2151].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Risk Analysis & Risk Management in Business: Overview, Objectives & Comparison Score: {{cp.lessonAssetIdToProgress[43274].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43274].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43274].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43274].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(1, 11)}}
Ch 2. Simulation in Quantitative Analysis {{cp.topicAssetIdToProgress[43275].percentComplete}}% complete
Week {{::cp.getGoalWeekForTopic(2, 11)}}
Ch 3. Inventory Models {{cp.topicAssetIdToProgress[43836].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - Items that Make Up Merchandise Inventory Score: {{cp.lessonAssetIdToProgress[23184].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23184].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[23184].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23184].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Inventory Cost: Definition, Methods & Types Score: {{cp.lessonAssetIdToProgress[23185].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23185].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[23185].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23185].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - What Is Inventory Management? - Demand vs. Cost Score: {{cp.lessonAssetIdToProgress[40392].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40392].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[40392].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40392].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Inventory Control Systems: Types & Purpose Score: {{cp.lessonAssetIdToProgress[40393].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40393].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[40393].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40393].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Accounting for Inventory Purchases Score: {{cp.lessonAssetIdToProgress[23186].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23186].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[23186].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23186].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - How Inventory Decisions Affect Other Areas of the Supply Chain Score: {{cp.lessonAssetIdToProgress[40395].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40395].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[40395].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40395].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(3, 11)}}
Ch 4. Waiting Line Models & Queueing Theory {{cp.topicAssetIdToProgress[43280].percentComplete}}% complete
Week {{::cp.getGoalWeekForTopic(4, 11)}}
Ch 5. Decision Analysis in Business {{cp.topicAssetIdToProgress[43284].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - The Decision Analysis Approach to Decision Making in Business Score: {{cp.lessonAssetIdToProgress[43285].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43285].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43285].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43285].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Making Business Decisions Using Probability Information & Economic Measures Score: {{cp.lessonAssetIdToProgress[43286].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43286].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43286].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43286].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Decision Making Without Probabilities: Optimistic, Conservative & Minimax Approaches Score: {{cp.lessonAssetIdToProgress[43287].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43287].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43287].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43287].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Business Decision Analysis for Cases with Probability Data Score: {{cp.lessonAssetIdToProgress[43288].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43288].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43288].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43288].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Analyzing Business Problems Using Decision Trees & Payoff Tables Score: {{cp.lessonAssetIdToProgress[43289].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43289].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43289].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43289].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Expected Values of Perfect Information in Business Score: {{cp.lessonAssetIdToProgress[43290].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43290].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43290].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43290].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Using New Information & Revised Probability Values to Make Business Decisions Score: {{cp.lessonAssetIdToProgress[43291].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43291].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43291].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43291].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - What Is a Decision Strategy in Business? Score: {{cp.lessonAssetIdToProgress[43292].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43292].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43292].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43292].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Bayes' Theorem: Definition, Formula & Usage Score: {{cp.lessonAssetIdToProgress[43293].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43293].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43293].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43293].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Evaluating the Expected Value of Sample Information Score: {{cp.lessonAssetIdToProgress[43294].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43294].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43294].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43294].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Using Utility in Business Decision Making Score: {{cp.lessonAssetIdToProgress[43295].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43295].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43295].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43295].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(5, 11)}}
Ch 6. Project Scheduling & Management {{cp.topicAssetIdToProgress[21334].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - PERT Analysis & Project Completion Score: {{cp.lessonAssetIdToProgress[2153].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2153].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[2153].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2153].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Gantt Charts & Bar Graphs: Henry Gantt's Contributions to Management Score: {{cp.lessonAssetIdToProgress[2040].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2040].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[2040].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2040].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Project Planning: Steps, Process & Return Score: {{cp.lessonAssetIdToProgress[40317].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40317].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[40317].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40317].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - The Project Team and Work Breakdown Structure Score: {{cp.lessonAssetIdToProgress[40318].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40318].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[40318].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40318].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Converting Optimistic, Most Probable & Pessimistic Time Estimates Score: {{cp.lessonAssetIdToProgress[43296].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43296].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43296].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43296].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Estimating Projects with Uncertain Activity Times Score: {{cp.lessonAssetIdToProgress[43297].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43297].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43297].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43297].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Critical Path Method: Definition, Analysis & Examples Score: {{cp.lessonAssetIdToProgress[17323].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[17323].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[17323].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[17323].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Direct and Indirect Costs in Project Management Score: {{cp.lessonAssetIdToProgress[40322].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40322].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[40322].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40322].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Global and Diversity Issues in Project Management Score: {{cp.lessonAssetIdToProgress[40323].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40323].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[40323].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40323].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(10, 11)}}
Ch 11. Distribution & Network Models {{cp.topicAssetIdToProgress[43319].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - The Transportation Problem: Features, Types, & Solutions Score: {{cp.lessonAssetIdToProgress[43320].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43320].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43320].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43320].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Handling Transportation Problems & Special Cases Score: {{cp.lessonAssetIdToProgress[43322].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43322].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43322].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43322].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Using the Minimum-Cost Method to Solve Transportation Problems Score: {{cp.lessonAssetIdToProgress[43323].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43323].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43323].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43323].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Using the Transportation Simplex Method to Solve Transportation Problems Score: {{cp.lessonAssetIdToProgress[43324].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43324].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43324].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43324].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Using the Hungarian Algorithm to Solve Assignment Problems Score: {{cp.lessonAssetIdToProgress[43327].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43327].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[43327].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43327].bestScoreQuestions}}  Take Quiz Optional

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Practice Tests in this course
Check your knowledge of this course with a 50-question practice test. Once you take the test, you will receive a detailed exam report complete with your personal statistics and even specific lessons to focus on!
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Course Practice Test
Business 116: Quantitative Analysis
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