Quantitative Analysis for Business Operations

Quantitative Analysis for Business Operations

Quantitative Analysis for Business Operations

Last updated on September 29th, 2023 at 05:40 am

This Quantitative Analysis for Business Operations assignment espouses a case study approach that offers the student the opportunity to apply quantitative method techniques firsthand to actual business situations. The following presents the basic steps used in analyzing and presenting (oral and written) a technical case. A team approach provides the student with insights into the dynamics of group problem-solving.



2.1. Preview Case

2.2. In-Depth Review

2.3. Problem Formulation

2.4. Develop Goals and Objectives

2.5. Identify Alternatives

2.6. Formulate Model

2.7. State Assumptions

2.8. Collect Data

2.9. Develop Solution

2.10. Test Solution (Sensitivity Analysis)

2.11. Analyze Results

2.12. Prepare Action Plan


3.1. Present Overview (Executive Summary)

3.2. Summarize Findings

3.3. Problem Statement

3.4. Analysis of Alternatives

3.5. Action Plan (including specific recommendations)

3.6. Oral Presentation

  • Ideas oriented
  • Adequately prepared and to the point
  • Nonrepetitive
  • Courteous and constructive
  • Begin with a road map


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