Business

Quantitative Methods for Business has been thoroughly revised and updated for this 4th edition, and continues to provide a simple and practical introduction to an area that students can find difficult. The book takes a non-threatening approach to the subject, avoiding excessive mathematics and abstract theory. It shows how to apply quantitative ideas to the real problems faced by managers.

The book includes numerous exercises and examples that help students understand the relevance of quantitative ideas to business. Assuming no previous knowledge, the text provides complete coverage for a first course in quantitative methods.

Preface

Part One - Background

Chapter 1: Managers and numbers

Chapter 2: Quantitative tools

Chapter 3: Drawing graphs

Part Two - Collecting and summarising data

Chapter 4: Collecting data

Chapter 5: Diagrams for presenting data

Chapter 6: Using numbers to describe data

Chapter 7: Desccribing changes with index numbers

Part Three - Solving management problems

Chapter 8: Finance and performance

Chapter 9: Regression and curve fitting

Chapter 10: Forecasting

Chapter 11: Simultaneous equations and matrices

Chapter 12: Planning with linear programming

Chapter 13: Rates of change and calculus

Part Four - Introducing statistics

Chapter 14: Uncertainty and probabilities

Chapter 15: Probability distributions

Chapter 16: Using samples

Chapter 17: Testing hypotheses

Part Five - Management problems with uncertainty

Chapter 18: Making decisions

Chapter 19: Quality management

Chapter 20: Inventory management

Chapter 21: Porject networks

Chapter 22: Queues and simulation

Glossary

Appendix A: Solutions to review questions 

Appendix B: Probabilities for the binomial distribution

Appendix C: Probabilities for the Poisson distribution

Appendix D: Probabilities for the Normal distribution

Appendix E: Probabilities for the t-distribution

Appendix F: Critical values for the X2 distribution

Index

Management Science/Decision Modeling [CORE TEXTS] (Decision Science)

Quantitative Methods for Business

Fourth Edition

Donald Waters

All students of management undertake a course in quantitative methods. These courses come in various guises, including quantitative analysis, decision analysis, business modelling and numerical analysis. This book describes a range of quantitative methods that are widely used in business and which every student of management will meet somewhere in their course. Whether studying for an HND, an MBA, a first degree or a professional qualification, students will appreciate the author's friendly style and practical approach.

Quantitative Methods for Business, fourth edition, employs an accessible five-part structure, leading the reader through the subject in a logical sequence.

·        Part One introduces the subject, asks why managers use quantitative methods and reviews essential quantitative tools

·        Part Two covers data collection and description, focusing in particular on how to ensure your data is reliable

·        Part Three shows how quantitative methods can be used for solving different types of problems

·        Part Four describes some statistical methods, focusing on probabilities, sampling and statistical inference

·        Part Five suggests how statistical ideas may be used in decision analysis, quality management, inventory control and other areas

Key features

·        Worked examples illustrate the principles discussed

·        ‘Ideas in practice’ sections show how methods are actually used

·        Covers a broad range of materials relevant to managers and students

·        Case studies at the end of every chapter consolidate learning objectives    

·        Extensive pedagogical features, including self-assessment problems, chapter outlines and summaries, review questions and suggested research projects

About the author

Donald Waters is the author of several successful textbooks and is well known for his clarity of style and his student-friendly texts. 

View a Sample Chapter PDF: ftp://ftp.pearsoned-ema.com/HPE_Samples/SampleChapters/9780273694588.pdf

Pearson Higher Education offers special pricing when you choose to package your text with other student resources. If you're interested in creating a cost-saving package for your students, contact your Pearson Higher Education representative for pricing and ordering information.

Pearson Higher Education offers special pricing when you choose to package your text with other student resources. If you're interested in creating a cost-saving package for your students contact your Pearson Higher Education representative.