ACCOUNTANCY DEPARTMENT
COLLEGE OF BUSINESS AND ACCOUNTANCY
Ateneo de Naga University
Naga City
COURSE INFORMATION SHEET
Course Code
Course Title
Pre-requisites
Credit/No. of Units
Duration/Term
Academic Year
Schedule
Instructor
Email Address
Consultation Hours
Consultation Venue
: CAED101
: Management Science
: MTHS101
: 3 Units
: Intercession
: SY 2021-2022
: 08:00AM-10:00AM M-F AC23Ar
: Christian Emil B. Reyes, CPA
: chrreyes@gbox.adnu.edu.ph
: 3:00PM-4:00PM MW
: Accountancy Faculty lounge
COURSE RATIONALE
This course aims to provide students with conceptual understanding of the role that management science plays in the business decision-making processes. It deals with the many
quantitative methods that have been developed over the years like graphical and simplex method of solving linear programming problems; inventory modelling; network analysis; Gantt
chart and decision analysis. As each new concept is introduced, a problem scenario or application is presented to help illustrate the topic. Emphasis is given on the use of scientific
approach in solving actual business problems.
COURSE DESCRIPTION
This course aims to provide students with conceptual understanding of the role that management science plays in the business decision-making processes. It deals with the many
quantitative methods that have been developed over the years like graphical and simplex method of solving linear programming problems; inventory modelling; network analysis; Gantt
chart and decision analysis. As each new concept is introduced, a problem scenario or application is presented to help illustrate the topic. Emphasis is given on the use of scientific
approach in solving actual business problems.
INSTITUTIONAL LEARNING OUTCOMES (ILO)
The Ateneo de Naga University Graduate is a person for others characterized by Christ-centeredness, Conscience, Compassion, Competence, and Commitment to change.
1. CHRIST-CENTEREDNESS. The Atenean acknowledges the humanity and divinity of Christ, and believes His Spirit as active in his/her life and in the lives of others. Thus,
the Atenean:
1.1 Respects the faith and the plurality of religions.
1.2 Values the Church’s teachings about faith, morals, and Christ’s redeeming mission.
1.3 Lives out the gospel values and exercises Christian virtues.
1.4 Celebrates the Bicolano’s inherent faith in God and devotion to the Blessed Virgin Mary.
1.5 Affirms the glory of God in one’s self, and in all creation, and cares for life and the natural environment.
2. CONSCIENCE. The Atenean lives a life of exemplary integrity by cultivating a mature conscience that impresses on him/her the imperative to positively transform the
world. Thus, the Atenean:
2.1 Predicates one’s decisions and actions on principles that promote human dignity, and those that further the actualization of all humanity.
2.2 Cultivates foresight in the process of deciding and acting on ethical and moral problems.
2.3 Explores, questions, and owns one’s faith in the context of competing value systems.
2.4 Evaluates moral choices in the light of the mature conscience.
2.5 Practices the habit of reflection and contemplation.
3. COMPASSION. The Atenean grows in consciousness of his/her dignity and personal purpose in engaging the world. Thus, the Atenean:
3.1 Values one’s dignity as a person and that of others.
3.2 Serves the needy and the marginalized.
3.3 Promotes family unity and fosters family service in the community.
3.4 Recognizes one’s strengths and inadequacies and seeks out complementariness from and with others.
3.5 Reflects on one’s experiences/actions towards becoming an agent of change.
4. COMPETENCE. The Atenean actuates the gift of education as an instrument to comprehend, judge, and respond to urgent and universal human dilemmas. Thus, the
Atenean:
4.1 Professes exceptional knowledge and expertise in one’s field of specialization in the local and global community.
4.2 Applies interdisciplinary approaches, innovative methods, and appropriate technologies in analyzing, solving problems, and in making decisions in a moral and ethical manner.
4.3 Thinks critically, creatively, and reflectively.
4.4 Expresses one’s self proficiently in both oral and written communication.
4.5 Practices the value of further learning and professional development, adapting to demands of the changing times.
5. COMMITMENT TO CHANGE. The Atenean participates actively in the life of the society and the global community. Thus, the Atenean:
5.1 Acts on the world in life, love, freedom, responsibility, and community to build a good and just society and thereby bring into being the Regnum Dei.
5.2 Understands and responds proactively against structural and cultural roots of injustice in social institutions.
5.3 Resolves the moral ambiguities and inconsistencies in values promoted by local and global cultures.
5.4 Advocates social changes that assist victims of injustice in gaining their rights and regaining their dignity.
5.5 Demonstrates positive disposition, maturity, and courage, rooted in Ignatian values, in the face of adversity.
PROGRAM LEARNING OUTCOMES
1. Demonstrate competence in communication in multicultural settings through writing, speaking, and other medium of expression.
2. Apply theories on critically and holistically current and relevant moral/ethical issues in the domestic and global spheres.
3. Examine and formulate shared concerns that make up the “good life” as inspired by the Gospel and the Church’s teachings in order to come up with innovative and creative
solutions to contemporary problems brought by modern technologies.
4. Utilize technology-assisted business and accounting tools that can be used to facilitate business and accounting operations more efficiently and effectively.
5. Choose appropriate decision-making techniques and approaches to critically and creatively solve problems and drive results.
6. Resolve business issues and challenges with global and strategic perspectives using knowledge and technical proficiency in the areas of financial accounting and reporting,
financial management, advisory services, regulatory framework, and taxation.
7. Participates in various types of financial-related activities that addresses the needs of the communities.
8. Exude the value of independence and faithful adherence to ethical practices and good corporate citizenship.
9. Cultivate the habit of continuous learning for personal and professional growth.
10. Exhibit good working relations in a multifaceted working environment.
11. Use knowledge and skills to successfully respond to different types of assessments including local and international certifications.
12. Identify and describe the functions of management and other functional areas of business such as marketing, finance, human resource management, production and operations
management, information management, and strategic management and employ these concepts in various business situations.
13. Carry out relevant Management Accounting research by employing appropriate management accounting principles and procedures.
14. Demonstrate technical know-how by way of effectively handling issues and problems related to Management Accounting.
15. Discuss current trends and developments in Management Accounting.
COURSE LEARNING OUTCOMES
1.
2.
3.
4.
5.
6.
Enumerate the various quantitative methodologies in solving decision-making problems;
Identify and discuss some realistic problems related to a certain topic, learn from them and analyze how it can be related to future circumstance;
Apply to specific problem situations, the different methods learned from the subject;
Prepare supporting computations, tables or graphs if necessary, to all decision made related to a particular problem situation;
Appreciate the importance of the mastery of the subject matter; and
Develop core competencies needed to help them become more responsible person particularly in terms of decision-making;
Course Code
Course Title
CAED
101
Management
Science
Credit Course
Units Description
3
This course aims to provide students with conceptual understanding of the role that management science plays in the business
decision-making processes. It deals with the many quantitative methods that have been developed over the years like graphical
and simplex method of solving linear programming problems; inventory modelling; network analysis; Gantt chart and decision
analysis. As each new concept is introduced, a problem scenario or application is presented to help illustrate the topic. Emphasis
is given on the use of scientific approach in solving actual business problems.
Program Learning Outcome (PLO)
Course Learning Outcome (CLO)
1. Enumerate the various quantitative methodologies in
solving decision-making problems.
1
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2
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3
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4
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5
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6
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7
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2. Identify and discuss some realistic problems related to
a certain topic, learn from them and analyze how it can
be related to future circumstance.
/
/
/
/
/
/
3. Apply to specific problem situations, the different
methods learned from the subject.
4. Prepare supporting computations, tables or graphs if
necessary, to all decision made related to a particular
problem situation.
5. Appreciate the importance of the mastery of the subject
matter and;
6. Develop core competencies needed to help them
become more responsible person particularly in terms of
decision -making.
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/
/
/
/
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/
/
/
/
/
/
/
9
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10
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11
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12
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8
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13
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14
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15
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COURSE REQUIREMENTS:
1. Major Exams (Midterm and Final)
2. Seatwork
3. Quizzes
4. Participation
5. Attendance
COURSE EXAMINATION
1. Midterm Examination
2. Final Examination
COURSE GRADING COMPONENTS
Midterm Examination
Final Examination
Class Standing
20%
20%
40%
100%
Class standing is composed of:
Seatwork
20%
Quizzes
10%
Participation
5%
Attendance
5%
100%
A. Marking System
CFRS
96-100
90-95
84-89
78-83
71-77
65-70
60-64
Below 60
Numerical
98-100
94-97
90-93
86-89
82-85
78-81
75-77
Below 75
2018 Revised Grading System
Grade and Grade Description
Letter
Qualitative Description
Excellent academic performance
A
Superior academic performance
B+
Very good academic performance
B
Good academic performance
C+
Moderately good academic performance
C
Fair academic performance
D+
Passing
academic performance
D
Unacceptable academic performance
F
QPI/
Point Value
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.0
B. MEANING OF OTHER MARKS OR SYMBOLS
WP
Withdrawal with Permission
means that the student withdrew from the course two weeks prior to the Pre-Final Examination and with permission for
his/her parents and teacher as shown in the Withdrawal Slip submitted by the student to the Registrar.
AF
Failure due to absences
means that the student exceeded the allowed number of absences as shown in the teacher’s attendance record and/or that
of the Director of Student Affairs, or that the student withdrew from the course without official permission after the PreFinal Examination.
INC
Incomplete
means that the student has not fulfilled the course requirement, e. g., term paper, research output, project, etc., within the
semester. It is a temporary grade, which obliges the student to complete the requirement till the end of the next
semester.
REFERENCES:
Introduction to Management Science, 13th Edition, Bernard W. Taylor, III, Virginia Politechnic Institute and State University
Management Science, the Art of Modelling Spreadsheets, Powell, S. , 2007, Hoboken, NJ: John Wiley and Sons
Introduction to Management Science, Taylor ,T., 2007, Upper Saddle River, N.J. : Prentice Hall
COURSE OUTLINE:
Course Learning
Outcomes
(CLO)
1
3
Institutional
Learning
Outcomes
(ILO)
1.2
2.3
5.1
Specific Learning
Outcomes
1. Introduce to the
student what
management science
is all about; how it
can be used in real
life situations and
how it can help in
the decision-making
processes.
2. Understand the
history of
management science.
3. Differentiate
between problem
solving and decisionmaking.
4. Identify the
relationship between
quantitative analysis
and decision-making.
Learning Content
I.
Introduction
Instructional
Delivery
Instructional
Resources
Assessment
Tasks
Lecture
Whiteboard
Recitation
Group discussion
PowerPoint
Quiz
Time
Allotment
Excel
Textbook
3 hours
1
56
2.4
4.1
4.2
2
5
6
2
4
6
3.5
4.2
4.4
3.5
4.3
1. Understand the
concept of linear
programming
problems.
2. Demonstrate how to
solve linear
programming
problems using
graphical methods.
II.
Linear Programming
1. Introduction
2. Linear inequalities in
two variables
3. The Linear
Programming Model
4. Graphical Method
Lecture
Whiteboard
Seatwork
Group discussion
PowerPoint
Assignment
Problem-solving
Excel
Recitation
Textbook
Quiz
1. Apply linear
programming
techniques using
simplex method.
2. Increase student’s
ability to formulate
models and solve
linear programming
problems particularly
for problems with
more than two
decision variables.
III.
The Simplex Method
1. Introduction
2. Simplex method with
less than or equal to
constraints
3. Simplex method using
greater than or equal to
constraint
4. Shadow Prices
Lecture
Whiteboard
Seatwork
Problem Solving
PowerPoint
Assignment
Excel
Recitation
Textbook
Quiz
1. Describe and prepare
a GANTT Chart.
2. Discuss the benefits
of GANTT Chart
IV.
GANTT CHART
1. Introduction
2. Steps in preparing a
GANTT CHART
3. Advantages of GANTT
Chart
Lecture
Whiteboard
Seatwork
Problem Solving
PowerPoint
Assignment
Excel
Recitation
Textbook
Quiz
7.5 hours
9 hours
3 hours
3
4
4.1
4.3
6
2
4
5
2
3
3.5
4.1
4.2
3.1
4.2
4.3
1. Define Program
Evaluation and
Review Techniques
(PERT).
2. Discuss and properly
apply the basic
underlying concepts
of PERT.
3. Enumerate the
benefits and
limitations of PERT.
V.
1. Apply probabilities
in decision-making.
2. Use pay-off tables in
decision-making.
3. Describe and prepare
a decision tree.
4. Discuss the benefits
and limitations of
decision tree
analysis.
5. Properly apply the
concepts of decision
tree analysis
6. Determine the
expected value of
perfect information.
VI.
1. Understand some
other types of linear
programming
problems and the
means of solving it.
2. Enhance student’s
ability of solving
linear programming
problems aside from
VII.
1.
2.
3.
4.
1.
2.
3.
4.
CPM and PERT
Introduction
Project Scheduling with
Known Activity Time
Project Scheduling with
Unknown Activity Time
Evaluation and Review
Technique
Crashing Activity Times
Lecture
Whiteboard
Seatwork
Problem Solving
PowerPoint
Assignment
Excel
Recitation
Textbook
Quiz
Decision Analysis
Structuring the Decision
Problem
Decision making
without Probabilities
Decision Making with
probabilities
Sensitivity Analysis
Lecture
Whiteboard
Seatwork
Problem Solving
PowerPoint
Assignment
Excel
Recitation
Textbook
Quiz
Lecture
Whiteboard
Seatwork
Problem Solving
PowerPoint
Assignment
Excel
Recitation
Textbook
Quiz
Special Types of
Linear Programming
Problems
1. Introduction
2. The transportation
problem
3. The assignment model
4.5 hours
7.5 hours
6 hours
graphical and
simplex method.
2
4
2.1
3.5
4.4
1. Discuss why
inventories are kept
and use.
2. Describe the major
types of inventory
accounting systems
and the role of
inventory models in
inventory decisions.
3. Define critical
inventory system
properties.
4. Introduce several
analytical models
emphasizing the
assumptions
necessary to apply
the various models
VIII.
1.
2.
3.
Inventory Modeling
Introduction
Inventory models
Analytical Models
Lecture
Whiteboard
Seatwork
Problem Solving
PowerPoint
Assignment
Excel
Recitation
Textbook
Quiz
7.5 hours
Major Examination
6 hours
Total time allotment
54 hours