Business 116

Ch 1. Quantitative Decision Making and Risk Analysis
	Lesson 1 – The Strategic Management Process	Take Quiz
	Lesson 2 – The Decision Making Process for Organizations	Take Quiz
	Lesson 3 – Quantitative Decision Making Tools: Decision Trees, Payback Analysis & Simulations	Take Quiz
	Lesson 4 – The Quantitative Approach to Decision Making: Methods, Purpose & Benefits	Take Quiz
	Lesson 5 – Decision Making Models: Definition, Development & Types	Take Quiz
	Lesson 6 – Decision Making for Managers: Certainty, Risk & Uncertainty	Take Quiz
	Lesson 7 – Risk Analysis & Risk Management in Business: Overview, Objectives & Comparison	Take Quiz

Go to chapter Quantitative Decision Making and Risk Analysis

Practice test: Quantitative Decision Making and Risk Analysis

Ch 2. Simulation in Quantitative Analysis
	Lesson 1 – Using Simulation to Analyze and Solve Business Problems	Take Quiz
	Lesson 2 – The Role of Probability Distributions, Random Numbers & the Computer in Simulations	Take Quiz
	Lesson 3 – Static Vs Dynamic Simulation in Quantitative Analysis	Take Quiz
	Lesson 4 – The Monte Carlo Simulation: Scope & Common Applications	Take Quiz

Go to chapter Simulation in Quantitative Analysis

Practice test: Simulation in Quantitative Analysis

Ch 3. Inventory Models
	Lesson 1 – Items that Make Up Merchandise Inventory	Take Quiz
	Lesson 2 – Inventory Cost: Definition, Methods & Types	Take Quiz
	Lesson 3 – What Is Inventory Management? – Demand vs. Cost	Take Quiz
	Lesson 4 – Inventory Control Systems: Types & Purpose	Take Quiz
	Lesson 5 – Accounting for Inventory Purchases	Take Quiz
	Lesson 6 – How Inventory Decisions Affect Other Areas of the Supply Chain	Take Quiz

Go to chapter Inventory Models

Practice test: Inventory Models

Ch 4. Waiting Line Models & Queueing Theory
	Lesson 1 – Waiting-Line Problems: Where They Occur & Their Effect on Business	Take Quiz
	Lesson 2 – The Structure of a Waiting-Line System & Queuing Theory in Business	Take Quiz
	Lesson 3 – The Business Economics of Waiting Lines	Take Quiz

Go to chapter Waiting Line Models & Queueing Theory

Practice test: Waiting Line Models & Queueing Theory

Ch 5. Decision Analysis in Business
	Lesson 1 – The Decision Analysis Approach to Decision Making in Business	Take Quiz
	Lesson 2 – Making Business Decisions Using Probability Information & Economic Measures	Take Quiz
	Lesson 3 – Decision Making Without Probabilities: Optimistic, Conservative & Minimax Approaches	Take Quiz
	Lesson 4 – Business Decision Analysis for Cases with Probability Data	Take Quiz
	Lesson 5 – Analyzing Business Problems Using Decision Trees & Payoff Tables	Take Quiz
	Lesson 6 – Expected Values of Perfect Information in Business	Take Quiz
	Lesson 7 – Using New Information & Revised Probability Values to Make Business Decisions	Take Quiz
	Lesson 8 – What Is a Decision Strategy in Business?	Take Quiz
	Lesson 9 – Bayes’ Theorem: Definition, Formula & Usage	Take Quiz
	Lesson 10 – Evaluating the Expected Value of Sample Information	Take Quiz
	Lesson 11 – Using Utility in Business Decision Making	Take Quiz

Go to chapter Decision Analysis in Business

Practice test: Decision Analysis in Business

Ch 6. Project Scheduling & Management
	Lesson 1 – PERT Analysis & Project Completion	Take Quiz
	Lesson 2 – Gantt Charts & Bar Graphs: Henry Gantt’s Contributions to Management	Take Quiz
	Lesson 3 – Project Planning: Steps, Process & Return	Take Quiz
	Lesson 4 – The Project Team and Work Breakdown Structure	Take Quiz
	Lesson 5 – Converting Optimistic, Most Probable & Pessimistic Time Estimates	Take Quiz
	Lesson 6 – Estimating Projects with Uncertain Activity Times	Take Quiz
	Lesson 7 – Critical Path Method: Definition, Analysis & Examples	Take Quiz
	Lesson 8 – Direct and Indirect Costs in Project Management	Take Quiz
	Lesson 9 – Global and Diversity Issues in Project Management	Take Quiz

Go to chapter Project Scheduling & Management

Practice test: Project Scheduling & Management

Ch 7. Integer Programming
	Lesson 1 – Developing Linear Programming Models for Simple Problems	Take Quiz
	Lesson 2 – Applications of Integer Linear Programming: Fixed Charge, Capital Budgeting & Distribution System Design Problems	Take Quiz

Go to chapter Integer Programming

Ch 8. Linear Programming
	Lesson 1 – Using Linear Programming to Solve Problems	Take Quiz
	Lesson 2 – The Importance of Extreme Points in Problem Solving	Take Quiz
	Lesson 3 – Interpreting Computer Solutions of Linear Programming Models	Take Quiz

Go to chapter Linear Programming

Practice test: Linear Programming

Ch 9. Sensitivity Analysis in Business
	Lesson 1 – Sensitivity Analysis: Definition, Uses & Importance	Take Quiz
	Lesson 2 – Graphical Sensitivity Analysis for Variable Linear Programming Problems	Take Quiz

Go to chapter Sensitivity Analysis in Business

Ch 10. Linear Program Applications
	Lesson 1 – Marketing Applications of Linear Programs for Media Selection & Marketing Research	Take Quiz
	Lesson 2 – Financial Applications of Linear Programs for Portfolio Selection, Financial Planning & Financial Mix Strategy	Take Quiz

Go to chapter Linear Program Applications

Ch 11. Distribution & Network Models
	Lesson 1 – The Transportation Problem: Features, Types, & Solutions	Take Quiz
	Lesson 2 – Handling Transportation Problems & Special Cases	Take Quiz
	Lesson 3 – Using the Minimum-Cost Method to Solve Transportation Problems	Take Quiz
	Lesson 4 – Using the Transportation Simplex Method to Solve Transportation Problems	Take Quiz
	Lesson 5 – Using the Hungarian Algorithm to Solve Assignment Problems	Take Quiz

Go to chapter Distribution & Network Models

Practice test: Distribution & Network Models