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QRB 501 NERD Learn by Doing/ qrb501nerd.

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QRB 501 Entire Course

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501
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Week
Week
Week
Week
Week
Week
Week

1
2
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2
3
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Quiz (New)
Learning Team Case Studies (5-2 and 6-2) (New)
Quiz (New)
Problem Set (New)
Learning Team Case Studies (8-3 and 9-1) (New)
Quiz (New)
Problem Set (New)

QRB 501 Week 1 DQ 1

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In management, how important is it to learn to use mathematics

to solve problems? How valuable is an MBA degree without the
ability to identify and calculate the cost of a companys capital, its
return on investment, gross margin percentage, break-even point,
or what percent of a population would be willing to buy its
product?

QRB 501 Week 1 DQ 2

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DQ2-Week 1: Please respond to this discussion question by

Saturday (Day 5):
When using the formula NI = [U * (P-VCu)] - FC, in which order
must you complete the calculation? Why does the order of
operations matter?

QRB 501 Week 1 Quiz (New)

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QRB 501 Week 1 Summary

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What three things did you learn this week? 2.Why are they
important to you? 3. How do you plan to use them?

QRB 501 Week 2 DQ 1

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What is forecasting? What information is forecasted at your

organization? Which forecasting methods are used at your
organization? What information at your organization is not
currently being forecasted that could be forecasted to increase
productivity or decrease waste?

QRB 501 Week 2 DQ 2

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DQ2-Week 2: Please respond to this discussion question by Saturday

(Day 5):
Access
http://www.conference-board.org/economics/ConsumerConfidence.c
fm
. This is an index based on how people feel about the economy. All
indexes are created in a similar fashion. A base is first selected. In
this case, the base was 1985 and set at 100. Thus, if the index was
at 57.2 in May 2008, and in October 1992 the index was at 54.6, are
people feeling better or worse in 2008 than they did in 1992? If the

QRB 501 Week 2 Learning Team Assignment Inven

tory Systems
Summary
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The purpose of this assignment is to prepare for subsequent

assignments in this course.
Research one inventory system per Team Assignment member
used in an organization with which you are familiar.

QRB 501 Week 2 Learning Team Case Studies (5-2

and 6-2)(New
)
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Completeyour Team Charter, which is an agreement as to how

you will work together.
Click the assignment file tab to submit your charter

QRB 501 Week 2 Problem Set (New)

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QRB 501 Week 2 Quiz(New)

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QRB 501 Week 2 Summary

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What three things did you learn this week? 2.Why are they
important to you? 3. How do you plan to use them?

QRB 501 Week 3 DQ 1

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Why are graphs and charts used to represent information? What

distinguishes a histogram from a bar chart? What are some
examples of grouped and ungrouped data? What would be the
most appropriate graphical representation to show the dispersion
of new home prices in a particular area? Why?

QRB 501 Week 3 DQ 2

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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?

QRB 501 Week 3 Individual Assignment Forecastin

g with
Indices
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Resources: Week Two assignment, University of Phoenix Material:

Summer Historical Inventory Data, and University of Phoenix
Material: Winter Historical Inventory Data

QRB 501 Week 3 Learning Team Assignment Invent

ory Proposal Part
I
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Resources: Week Two Assignment, University of Phoenix Material:

Summer Historical Inventory Data, or University of Phoenix
Material: Winter Historical Inventory Data

QRB 501 Week 3 Learning Team Case Studies (8-3

and 9-1)(New
)
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Completethe following case studies from Ch. 8 & 9 ofBusiness

Math:
Case Study 8-3, p. 300
Case Study 9-1, p. 344
Note. Show all work and calculations. (The use of
MicrosoftExcelsoftware is required.)

QRB 501 Week 3 Problem Set(New)

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QRB 501 Week 3 Quiz (New)

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QRB 501 Week 4 DQ 1

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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?

QRB 501 Week 4 DQ 2

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DQ2-Week 4: Please respond to this discussion question by

Saturday (Day 5):
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,

QRB 501 Week 4 Learning Team Assignment Invent

ory Proposal Part
II
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Resources: Week Two and Week Three Assignments, University of

Phoenix Material: Summer Historical Inventory Data, or University
of Phoenix Material: Winter Historical Inventory Data

QRB 501 Week 4 Problem Set(New)

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QRB 501 Week 4 Quiz(New)

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QRB 501 Week 4 Summary

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What three things did you learn this week? 2.Why are they
important to you? 3. How do you plan to use them?

QRB 501 Week 4 Team Assignment Standard Devia

tion Abstract(New
)
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The Learning Team assignment this week is a simple but helpful

assignment. The assignment will consist of a cover sheet, abstract
pages, and a reference page.

QRB 501 Week 5 DQ 1

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DQ1-Week 5: Please respond to this discussion question by

Thursday (Day 3):
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?

QRB 501 Week 5 DQ 2

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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? That is, how much do the scores vary from
the middle? Consider a routine task you do daily. Which matters
most, the average time it takes to complete the task or the most
frequent amount of time? How much does the time spent on the
task vary? How would you go about finding the middle of the
process.

QRB 501 Week 5 Learning Team Assignment Invent

ory Proposal Part
III
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Resources: Week Two, Week Three and Week Four Assignments,

University of Phoenix Material: Summer Historical Inventory Data,
or University of Phoenix Material: Winter Historical Inventory Data

QRB 501 NERD Learn by Doing

QRB 501 Week 5 Learning Team Case Studies (211 and 21-2)(New
)
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Omplete the following case studies from Ch. 21 of Business Math:

Case Study 21-1, p. 768
Case Study 21-2, p. 769

QRB 501 Week 5 Problem Set(New)

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QRB 501 Week 5 Quiz(New)

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QRB 501 Week 5 Summary

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What three things did you learn this week? 2.Why are they
important to you? 3. How do you plan to use them?

QRB 501 Week 6 DQ 1

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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?

QRB 501 Week 6 DQ 2

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DQ2-Week 6: Please respond to this discussion question by

Saturday (Day 5):
What skills do managers need today? Are these skills different
from management skills of 50 years ago? Why?

QRB 501 Week 6 Learning Team Assignment Exec

utive Management
Presentation
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Resources:, Week Five Learning Team Assignment assignment,

University of Phoenix Material: Summer Historical Inventory Data,
University of Phoenix Material: Winter Historical Inventory Data,
and University of Phoenix Material: Z-table

QRB 501 Week 6 Learning Team Capital Budgetin

g Case Study(New
)
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Completethe Capital Budgeting Case with your Learming Team.

The assignment instructions are available in the University of
Phoenix Material: Capital Budgeting Case.

QRB 501 Week 6 Problem Set(New)

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QRB 501 Week 6 Summary

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What three things did you learn this week? 2.Why are they
important to you? 3. How do you plan to use them?