University of the Philippines Visayas

COLLEGE OF MANAGEMENT
COURSE SYLLABUS in MGT 181 / BA 181
A. COURSE INFORMATION
Course Number:
Course Title:
Course Description:
Course Credit:
Course Prerequisite:
Faculty-In-Charge:
Sec 2 M Th 02:30-04:00

MGT 181 / BA 181

Management Science
Mathematical methods in the analysis of managerial problems
3 units (3 hours/week)
Math 100, Math 101
John Lorenz R. Belanio ( jrbelanio@upv.edu.ph )
Frediezel G. De Leon (fredz.gdeleon@gmail.com) 0917-6200770

B. COURSE OUTCOMES
At the end of the course, the students are expected to:
1. Develop a critical understanding of the theory, nature, principles, and processes of quantitative methods
2. Identify quantitative tools, techniques, and approaches utilized in decision making
3. Demonstrate skills in the appropriate application of quantitative methods to assist decision-makers in solving managerial and organizational problems
4. Apply various management science software tools and spreadsheet models in decision-making
5. Share insights on the current issues and challenges in managerial decision-making
6. Exemplify ethical practices and professionalism in solving managerial and organizational problems
Content Topics
Learning Outcomes
I. Overview
Students will:
A. Introduction to Decision Making
1. Describe the quantitative
B. The Quantitative Analysis Approach
analysis approach
C. The Advantages of Mathematical Modeling 2. Understand the application
D. The Role of Computers and
of quantitative analysis in
Spreadsheet Models in the Quantitative
real situations
Analysis
3. Identify possible problems in
E. Possible Problems in the Quantitative
quantitative analysis
Analysis
4. Perform a break-even
F. An Example of Mathematical Modeling:
analysis
Break-Even Analysis
5. Trace the history of MS/OR
G. History of Management Science/Operations 6. Identify ethical issues
Research/ Quantitative Analysis or Methods
associated with decisionmaking
(3 hours)

Content/ Learning Activities

Structured overview
Lecture
Problem solving
Case study

Page 1 of 6

Materials/ Resources
LCD projector
Topic slide
presentation
Pen and paper
Calculator
Formula cards

Assessment
Short quiz
Drawing of
timeline graph

University of the Philippines Visayas

COLLEGE OF MANAGEMENT
COURSE SYLLABUS in MGT 181 / BA 181
Content Topics
II. Forecasting
A. Steps to Forecasting
B. Types of Forecasts
C. Measures of Forecast Accuracy
D. Time-Series Forecasting Models
E. Monitoring and Controlling Forecast
F. Using the Computer to Forecast
(6 hours)

III. Decision Analysis

A. Review of Probability Concepts
B. Probability Distributions
C. The Six Steps in Decision Making
D. Types of Decision Making Environments
E. Decision Making Under Uncertainty
F. Decision Making Under Risk
G. Decision Trees
H. Replacement Analysis
I. Cost Benefit
(9 hours)

Learning Outcomes
Students will:
1. Understand when to use
various families of
forecasting models
2. Compare moving averages,
exponential smoothing, and
other time-series models
3. Analyze seasonal data and
apply decomposition
methods to seasonally
adjust data
4. Compute and appraise a
variety of error measures
5. Use computer-based
forecasting tools
6. Prepare/write a forecasting
paper on a relevant topic
7. Assume responsibility of
assigned task in their group
Students will:
1. Understand the basic
foundations of probability
analysis
2. Contrast statistically
dependent and
independent events
3. Differentiate and give
examples of discrete and
continuous probability
distributions
4. Calculate expected values
and variances and use the
normal table

Content/ Learning Activities

Lecture
Concept mapping
Demonstration on computer
models
Problem solving
Case study
Computer hands-on
exercises
Group presentation (initial
data of forecasting study)

Materials/ Resources
LCD projector
Topic slide
presentation
Pen and paper
Calculator
Computer
installed with
Excel QM (Taylor
or Heizer)
Formula cards

Assessment
Short quiz

LCD projector
Topic slide
presentation
Pen and paper
Calculator
Computer
installed with
Excel QM (Taylor
or Heizer)
Formula cards

Short quiz

Lecture
Concept mapping
Problem solving
Role playing
Case study
Lecture
Demonstration on computer
models

Page 2 of 6

Machine problems
Forecasting paper
(with rubrics)

University of the Philippines Visayas

COLLEGE OF MANAGEMENT
COURSE SYLLABUS in MGT 181 / BA 181
Content Topics

IV. Inventory Models

A. Importance of Inventory Control
B. Inventory Decisions
C. Economic Order Quantity
D. Reorder Point
E. Quantity Discount Models
F. Use of Safety Stock
G. ABC Analysis
(9 hours)

Learning Outcomes
5. Summarize the decision
making process
6. Make decisions under
uncertainty using various
criteria
7. Use probability values to
make decisions under risk
8. Develop accurate and
useful decision trees
Students will:
1. Understand the
importance of inventory
control and ABC analysis
2. Use the economic order
quantity (EOQ) to
determine how much to
order
3. Compute the reorder point
(ROP) in determining
when to order more
inventory
4. Handle inventory problems
that allow quantity
discounts or instantaneous
receipt
5. Understand the use of
safety stocks

Content/ Learning Activities

Lecture
Problem solving
Case study
Demonstration on computer
models

Page 3 of 6

Materials/ Resources

LCD projector
Topic slide
presentation
Pen and paper
Calculator
Computer
installed with
Excel QM (Taylor
or Heizer)
Formula cards

Assessment

Short quiz

University of the Philippines Visayas

COLLEGE OF MANAGEMENT
COURSE SYLLABUS in MGT 181 / BA 181
Content Topics
V. Linear Programming
A. Requirements of a Linear
Programming Problem
B. Formulating LP Problems
C. The Graphical Method
D. The Simplex Method
E. Specially Structured Linear
Programs (Transportation and
Assignment Models)

(9 hrs.)

Learning Outcomes
Students will:
1. Understand the basic
assumptions and
properties of linear
programming (LP)
2. Graphically solve any LP
problem that has only tow
variables using cornerpoint
method.
3. Solve any LP problem
using simplex method
4. Understand major
application areas of LP,
including marketing,
production, labor
scheduling, fuel blending,
transportation and finance
5. Structure LP problems for
the transportation and
assignment models
6. Use the northwest corner
and stepping stone
methods in solving
transportation models
7. Solve assignment
problems with the
Hungarian (matrix
reduction) method
8. Use Excel spreadsheets to
solve LP problems

Content/ Learning Activities

Lecture
Problem solving
Case study
Demonstration on computer
models

Page 4 of 6

Materials/ Resources
LCD projector
Topic slide
presentation
Pen and paper
Graphing paper
Calculator
Computer
installed with
Excel QM (Taylor
or Heizer)
Formula cards

Assessment
Short quiz

University of the Philippines Visayas

COLLEGE OF MANAGEMENT
COURSE SYLLABUS in MGT 181 / BA 181
Content Topics
VI. Project Management
A. Elements of project
management
B. Program Evaluation and Review
Technique/ Critical Path Method
(6 hrs.)

Learning Outcomes
Students will:
1. Understand how to plan,
monitor and control
projects with the use of
PERT and CPM.
2. Determine earliest start,
earliest finish, latest start,
latest finish, and slack
times for each activity,
along with total project
completion time
3. Understand the role of
software in project
management

Content/ Learning Activities

Lecture
Problem solving
Case study
Demonstration on use of
project management
software

C. REQUIRED READINGS
Levin, R. et. Al. 1992. Quantitative Approaches for Management. Eight Edition. McGraw-Hill Inc.
Render, B. et. al. 2009. Quantitative Analysis for Management. Tenth Edition. Prentice Hall.
D. SUGGESTED READINGS AND REFERENCES
Arao, R. et al. 2009. Quantitative Approaches in Decision Making. Rex Bookstore.
Anderson, D.R. et. al. 2008. Quantitative Methods for Business. Thomson South-Western.
Loma, E.J. 2009. Quantitative Decision Models. Anvil Publishing Inc.
Ragsdale, C.T. 2001. Spreadsheet Modeling and Decision Analysis. Third Edition. South-Western College.
Taylor, B. W. III. 2007. Introduction to Management Science. Ninth Edition. Pearson Education.
Victoriano, P.S. 1985. Quantitative Techniques for Business Management. Rex Printing Company.
Page 5 of 6

Materials/ Resources
LCD projector
Topic slide
presentation
Pen and paper
Calculator
Computer
installed with
project
management
software
Formula cards

Assessment
Short quiz

University of the Philippines Visayas

COLLEGE OF MANAGEMENT
COURSE SYLLABUS in MGT 181 / BA 181
E. COURSE REQUIREMENTS

Quizzes/ Examinations
Forecasting paper (group of 3 members max)
Reflection paper (individual)
Computer application exercises/outputs

F. GRADING SYSTEM
Quizzes/ Long Exams
Project/ Papers (includes forecasting paper1 and reflection paper2)
Attendance, Class Participation & Assignments
Total

60%
30%
10%
100%

1The

forecasting paper is a research paper wherein you employ times-series forecasting models and spreadsheet models learned.
reflection paper is in the nature of case study illustrating your understanding of MS/OR as well as the importance and applications of
quantitative methods in the context of your student and personal life (maximum of three pages).

2The

G. CLASS POLICIES
Please be a member of our class Facebook e-group page. (search: UPV CM 181 MTH SEC 2) Announcements, slide presentations & other online resources will be
posted/uploaded in this page.
Attending the class at minimum 80% of the number of meetings is a must. Otherwise, you will be dropped. [Art 346, UP Code 1975]
Quizzes/examinations are given at the start of the class. Latecomers will have less time to complete the quiz/exam. No special quiz/exam is given to those who have
not taken as scheduled.
There will be deductions in the scores for late submission of papers/projects.
Cellphones must be switched off or in silent mode during class, and must not be used at all times. If you really need to send multiple text messages or take a call, do it
outside the room.
Those whose pre-final grade is 3.0 or better are exempted from taking the final examination (cut-off: 60%).
H. CONSULTATION
10am- 4pm M,T,Th,F ( inform me at least 1day for the schedule)

Page 6 of 6