Emphasis is placed on the management aspect of the quality control system. Both microcomputers and cases are used. Cross listed as MGMT 493. Technology development and implementation is a key to business success in the 21st century. Study of forecasting techniques that are employed in the private and public sector.
Primary emphasis is on time series techniques.
Students will learn to model stationary and nonstationary processes with autoregressive, moving average, and mixed models. These techniques will be demonstrated and used through computer software. Focus on project scheduling, time-cost tradeoffs, budgeting, cost control, and project monitoring. Special emphasis on cost-management aspects of projects in technology in intensive industries. Use of software and case studies.