Quantitative Methods for Business

Quantitative Methods for Business has been thoroughly revised and updated for this 5th edition, and continues to provide a simple and practical introduction to an area that students can find difficult. The book takes a non-threatening approach to the subject, avoiding excessive mathematics and abstract theory. It shows how to apply quantitative ideas to the real problems faced by managers.

The book includes numerous exercises and examples that help students understand the relevance of quantitative ideas to business. Assuming no previous knowledge, the text provides complete coverage for a first course in quantitative methods.

Donald Waters is the author of many successful textbooks and is well known for his clarity of style.  He was a professor of finance and operations management and now works in management analysis, research and education.

Preface                                                                                                                            

Part One – Background                                                                                                  

1    Managers and numbers                                                                                                

2    Calculations and equations                                                                                            

3    Drawing graphs                                                                                                           

Part Two – Collecting and summarising data                                                                 

4    Collecting data                                                                                                             

5    Diagrams for presenting data                                                                                        

6    Using numbers to describe data                                                                                    

7    Describing changes with index numbers                                                                        

Part Three – Solving management problems                                                                 

8    Finance and performance                                                                                             

9    Regression and curve fitting                                                                                          

10   Forecasting                                                                                                                  

11   Linear programming                                                                                                     

Part Four – Introducing statistics                                                                                   

12   Uncertainty and probabilities                                                                                         

13   Probability distributions                                                                                                 

14   Using samples                                                                                                             

15   Testing hypotheses                                                                                                       

Part Five – Management problems with uncertainty                                                     

16   Making decisions                                                                                                         

17   Quality management                                                                                                    

18   Inventory management                                                                                                 

19   Project networks                                                                                                          

20   Queues and simulation                                                                                                  

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