# Quantitative Techniques

Cengage Learning EMEA, 2002 - Business & Economics - 558 pages
This text is especially relevant to students studying quantitative techniques as part of business, management and/or finance on undergraduate and professional courses, especially: ACCA; CIMA; CIPFA; ICA, IOB, ICAEW. This introductory interdisciplinary textbook covers all the major topics involved at the interface between business and management on the one hand and mathematics and statistics on the other. Topics dealt with include logistics, finance, production and operations management, and economics. This text is especially relevant to students studying quantitative techniques as part of business, management and/or finance on undergraduate and professional courses, especially: ACCA; CIMA; CIPFA; ICA, IOB, ICAEW. This introductory interdisciplinary textbook covers all the major topics involved at the interface between business and management on the one hand and mathematics and statistics on the other. Topics dealt with include logistics, finance, production and operations management, and economics.

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Page 224 i real need for help

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### Contents

 Introduction to Quantitative Techniques 1 Probability and Decision Making 8 Decision Trees 33 Assessment and Revision Chapters 1 to 3 43 Statistics Introduction 50 Statistics Statistical Inference 81 Statistics Hypothesis Testing 96 Linear Correlation and Regression 125
 Network Analysis Time Analysis 383 Network Analysis Cost Scheduling 397 Network Analysis Resource Scheduling 403 Network Analysis Activity on Nodes 408 Assessment and Revision Chapters 22 to 26 413 Financial Mathematics 419 Investment Appraisal Background and Techniques 434 Investment Appraisal Uncertainty and Capital Rationing 456

 Multiple and Nonlinear Regression 149 Forecasting Time Series Analysis 169 Assessment and Revision Chapters 4 to 9 191 Calculus 205 Inventory Control Introduction and Terminology 226 Inventory Control Types of Control System 232 Inventory Control Economic Order Quantity 239 Inventory Control Safety Stocks and Reorder Levels 254 Simulation 262 Assessment and Revision Chapters 10 to 15 278 Linear Programming Introduction 284 Linear Programming Graphical Solutions 293 Linear Programming Simplex Method for Maximising 313 Linear Programming Simplex Method for Minimising 332 Transportation 337 Assignment 355 Assessment and Revision Chapters 16 to 21 365 Network Analysis Introduction and Terminology 374
 Matrix Algebra 484 Replacement Analysis 499 Assessment and Revision Chapters 27 to 31 505 Statistical and Financial Tables Table I Areas under the Standard Normal Curve 512 Normal Distribution 513 The x2 Distribution 514 Poisson Distribution 515 Compound Interest 516 Present Value Factors 517 Present Value Annuity Factors 518 Answers to Examination Questions Chapters 1 to 3 519 to 9 523 to 15 536 to 21 542 to 26 547 to 31 551 Index 557 Copyright

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Terry Lucey has been an accountant and consultant in industry and has had over 20 years' examining and teaching experience at all levels of professional studies and for diploma and degree courses in business studies. He was previously Head of Department of Business Studies at the University of Wolverhampton and Visiting Fellow at Aston Business School, Aston University.