Cost accumulation process. Techniques for using cost data in decision making, planning, control, and performance evaluation and in financial reporting and performance evaluation by others. Credit cannot be earned for both MBAd 211 and Accy 202 . Descriptive statistics, frequency distributions, probability, sampling distributions, statistical inference and testing, correlation analysis, regression modeling, analysis of variance. Introduction to forecasting and statistical process control.
Statistical software is used for applications.
Emerging technologies, including neural networks, multimedia, virtual reality, and videoconferencing. Functional information systems, systems life cycle, knowledge-based systems, computer security and control, and information resource management. Inventory management, resource allocation, production planning, project management, location and transportation analysis, investment planning, queuing systems, equipment selection and maintenance. Trade theory and policy, the balance of payments, foreign exchange markets, exchange rate systems and risks, and international payment systems. Foreign direct investments.