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QRB 501 Final Exam

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QRB 501 Week 5 Summary

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QRB 501 Week 4 Summary

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QRB 501 Week 6 Learning Team Assignment Executive 

Management Presentation

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QRB 501 Week 6 Learning Team Assignment Executive 

Management Presentation

Prepare a 10- to 12-slide presentation for the Executive 

Management Team Assignment of your company in 

which you:

• Include a description of the current inventory system.

• Include the raw data used.

QRB 501 Week 6 DQ 2

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QRB 501 Week 6 DQ 2

What skills do managers need today? Are these skills 

different from management skills of 50 years ago? 

Why?

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QRB 501 Week 6 DQ 1

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QRB 501 Week 6 DQ 1

What are the elements of a decision? How does 

statistical decision theory differ in conditions of 

certainty and uncertainty? When making a decision, can 

doing nothing be a valid alternative? Why? Please 

remember to cite your sources

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QRB 501 Week 5 Learning Team Assignment Inventory 

Proposal Part III

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QRB 501 Week 5 Learning Team Assignment Inventory 

Proposal Part III

Select an inventory management problem that applies 

to your work or personal life.

Finish Preparing a project proposal in which you now:

• Use seasonal indices to analyze the inventory data.

QRB 501 Week 5 DQ 2

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QRB 501 Week 5 DQ 2

What is the middle? If we have student scores of 4.0, 

3.7, 3.7, 3.7, and 1.0, the average would be 3.2, 

whereas both the median and the mode would be 3.7. Is 

one of them truly in the middle? How dispersed is this 

list? 

QRB 501 Week 5 DQ 1

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QRB 501 Week 5 DQ 1

Does all statistical data have a mean, median, or mode? 

Why? When is the mean the best measure of central 

tendency? When is the median the best measure of 

central tendency?

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QRB 501 Week 4 Learning Team Assignment Inventory 

Proposal Part II

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QRB 501 Week 4 Learning Team Assignment Inventory 

Proposal Part II

Select an inventory management problem that applies 

to your work or personal life.

Continue Preparing a project proposal in which you 

now:

Convert time series data collected in Week Two to 

seasonal indices. You may choose to use the University 

of Phoenix Material: Summer 

QRB 501 Week 4 DQ 2

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QRB 501 Week 4 DQ 2

Often in personal finance we want to know what our $1 

investment today will be worth in 20 years. In business 

however, there is more concern with answering the 

question, “If I receive $100 in 5 years, what is that 

worth today?” To answer this question,

QRB .501 Week 4 DQ 1

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QRB 501 Week 4 DQ 1

How do you apply the time value of money concept to 

make decisions in your personal life? How might you 

use the Time Value of Money concept as a quantitative 

reasoning tool in business?

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QRB 501 Week 3 Summary

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QRB 501 Week 3 Learning Team Assignment Inventory 

Proposal Part I

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QRB 501 Week 3 Learning Team Assignment Inventory 

Proposal Part I

Select an inventory management problem that applies 

to your work or personal life.

Prepare a project proposal in which you:

Describe the organization, the inventory problem it 

faces, and the expected benefits that are motivating the 

organization to implement a solution

QRB 501 Week 3 Individual Assignment Forecasting 

With Indices

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QRB 501 Week 3 Individual Assignment Forecasting 

with Indices

Select one organization from either your Week Two 

Learning Team Assignment assignment, University of 

Phoenix Material: Summer Historical Inventory Data, or 

University of Phoenix Material: Winter Historical 

Inventory Data to complete this assignment.

Convert the data from your chosen source into an 

index.

QRB 501 Week 3 DQ 2

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QRB 501 Week 3 DQ 2

What is the purpose of using correlation analysis? How 

might correlation analysis be used in business decisions 

or in strategy formulation and implementation? How 

might correlation analysis be misused to explain a 

cause-and-effect relationship?

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