BUSINESS STATISTICS

Masters of Science in Business Administration

BUS 641

Breyer State University
Instructor: Gerald Evans, Ph.D, MBA, BSBA, BS

SYLLABUS

COURSE OVERVIEW: Welcome to Business Statistics. Most of us have had no formal contact with "Statistics" in our earlier years and therefore we lack a common "base" upon which an advanced study may be undertaken. This is unfortunate because Statistics is used throughout our society during the balance of our lives.

Therefore we need a common topic with which to begin and experience tells us that this is best supplied by an examination of the "environment" or "surrounding" within which predictable supply and demands, business, and supply chain management must function.

TIME FRAME: This is a five-semester hour course. This course is allotted ten weeks of time. You must complete all of the requirements for the course successfully by the end of the ten-week period. The first day of week one will begin the day that you register for the course, or the day which you notify me that your textbook has arrived and you are ready to begin your studies. Please be cognizant of the time frame. It is rare that extensions of time are permitted, unless you have good justification. Upon successful completion of this course, you will be awarded five semester hours of credit.

TEXTBOOKS: There is one (1) textbook for this course:

Book 1: Fundamentals of Quantitative Business Methods, 3rd Edition. Gordon D. Prichett, John C Saber, Amir D. Aczel, Mark Soskin, James Xande. Published by McGraw-Hill. ISBN # 0-0-236824-1.

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EXAMINATIONS: There are two examinations for this course, a mid-term exam and a final exam. The mid-term exam covers the first seven chapters. The final exam cover chapters 8 and 9 with appendixes.

The mid-term examination must be taken by the end of the fifth week in the course. The final examination must be taken by the tenth week in the course.

Both examinations are programmed and are located in the classroom for this course. The examinations are "open book" objective type. You will have three days to complete your exam, once you access it from the classroom. To access the exams, you must send me an email and request to have access to the exam. Upon registration, you will receive my email address. I will then program your access in. You will receive an email back from me telling you that you are now authorized to go ahead and to access your exam. To access, you will come into the classroom, click on testing, and click on the exam you are taking. You will need your User ID and PASSWORD to access the exam. The exam will appear on your screen. Once you access the exam, you will have three days to submit your answers. The program provides me the exact date and time you accessed the exam. The program also notifies me of the exact date and time you submitted your answers. Thus, the program is timing you. When you are ready, go back into the classroom and click in your responses and then click submit. Shortly, you will receive the exam in your email box with your computed score. You will also know what questions, if any, that you missed, and what the correct answer is. I too receive this copy of your exam and your score.

GRADING: The grading scale for this course is as follows:

90-100%    = A
80-89%      = B
70-79%      = C
Below 70% = Fail

COMMUNICATION: You are encouraged to communicate with me. I am available as a teacher, coach, and mentor to assist you in meeting your goals for this course. Primarily, communication is through email. However, I am also available for conversation by telephone if you would like. Our classroom for this course has a "Chat" room. I am also very willing to meet with you one-on-one in the chat room at your request. From time to time, depending on how many students are enrolled in this course at a particular time, we will have some scheduled group chats. You will receive more detailed information at the time such chat sessions are scheduled. Please keep my email address handy so that you can contact me. If at any time during this course you change your email address, please be sure to notify me right away.

WRITTEN ASSIGNMENTS: There are no written assignments for this course. There is a considerable amount of reading involved in this course, and I would prefer you spend your time with the books learning the material.

ABOUT YOUR INSTUCTOR: Gerald Evans, Ph.D, MBA, BSBA, BS, is professor of Business at Canyon College, and Richland Community College. He is a member of National Business Education Association, International Logistics Society, and a Certified and Licensed Buyer. He has also held several positions with national consulting firms.

Dr. Evans is currently Chief Operating Officer for Logistics Forum, Inc. He lectures extensively across the country on Management and Labor practices. He has several publications on Logistics and Business Practices, and has authored over 100 articles in peer-reviewed journals.

COURSE OBJECTIVES: Upon completion of this course, you will be able to:

1). Analyze problems in the conceptual framework of systems theory.
2). Understand the differences among decisions making under certainty, uncertainty, and risk.
3). Utilize probability and game theory as an aid to making decisions and solving problems under risk.
4). Develop and apply forecasting models and methods, and have an awareness of their limitations.
5). Describe the uses and general form of econometric and other analytical models utilized by planners to describe demand and to forecast activity.
6). Select and apply various statistical quality control techniques to problems.
7). Understand and apply the concepts of marginal analysis and inventory control strategies under deterministic and probabilistic circumstances.
8). Have an appreciation for project/program management and scheduling using network modeling.
9). Apply the basic assumptions of linear programming and the properties of linear programming to formulate to solve problems concerning maximization and minimization.
10). Understand and apply quantitative techniques of queuing theory and simulation.

ASSIGNMENTS: For specific assignments, please click on the link "Assignments."

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