- International Fees
International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Course Overview
This course emphasizes the use of decision-making models in business. Students will learn to use quantitative methods to choose alternatives in the decision-making process. Software applications (spreadsheets and databases) will be used to support the decision-making process.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
4.0
Domestic fees
$783.54
Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Apply descriptive statistics and basic probability theory to management science models.
- Compare decision-making techniques including: Decision Analysis, Forecasting Methods including Simple Regression, Time Series, Linear Programming and basic Inventory models.
- Construct and interpret a confidence interval estimates for a single population means or proportions using the appropriate standard normal or t distributions.
- Manipulate data between databases and spreadsheets.
- Carry out a hypothesis test comparing one or two population means or proportions.
- Import data into a spreadsheet and carry out a statistical analysis of the data.
- Manipulate data between databases and spreadsheets.
- Import data into a spreadsheet and carry out a statistical analysis of the data.
Effective as of Winter 2020
Related Programs
Quantitative Methods for Managers (OPMT 5515) is offered as a part of the following programs:
- Indicates programs accepting international students.
- Indicates programs with a co-op option.
School of Business + Media
- Business Management - Advanced Diploma
Advanced Diploma Full-time/Part-time
Course Offerings
Fall 2024
Below is one offering of OPMT 5515 for the Fall 2024 term.
CRN 43648
Dates
Wed Sep 04 - Wed Dec 11
- 15 weeks
- CRN 43648
- Domestic fees $783.54
Status
Seats Available
This course offering has seats available.
Class meeting times
Instructor
Armarn Roland
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Departmental approval needed
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This course is restricted to students enrolled in the Advanced Diploma in Business Management. For registration approval, please email your name and student ID to advdip@bcit.ca. This is a hybrid course. Lectures will be provided asynchronously for you to view on your own time, but labs will be held in-person on Wednesday nights at the Burnaby campus.
Programs and courses are subject to change without notice.