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Framingham State University



Detailed Course Information


Fall 2023
May 27, 2024
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MGMT 931 - Quantitative Methods for Business and Operations
A study of quantitative methods used in business decision making. Methods of optimization modeling, such as linear and integer programming, Decision Theory, Queuing Theory and others are covered. Techniques for optimizing many critical business strategy and operations management decisions, such as production capacity, distribution network design, Input/output analysis, bottleneck and capacity analysis, economies of scale in material handling and distribution, Economic Order Quantity (EOQ), Materials Resource Planning (MRP), reorder point computations, distribution and logistics management, and production and workforce scheduling are included. Prerequisite: Acceptance into M.B.A. program.
1.000 Credit hours
4.000 Lecture hours

Levels: Graduate
Schedule Types: Independent/Directed Study, Lecture

Division of Graduate & Cont Ed Division
Management, Business&Info Tech Department

Course Attributes:
Graduate Level Course, MBA/MSN/PSM Programs Crs Fee, Management (MBA)

Must be enrolled in one of the following Fields of Study (Major, Minor, or Concentration):
      Biotechnology Operations

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