QM for Windows - Analytics using QM

The course intends to enhance understanding of problem-solving and quantitative analysis through QM 2 software package.

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 2h 9m | 13 Videos | 75258 Views |   Intermediate

Statistical Analysis Using QM- 2:

This is a practical course that will introduce participants to QM-2 and its uses for statistical analysis through various quantitative methods. The course intends to enhance understanding of problem-solving and quantitative analysis through QM 2 software package. This in turn will enable participants to improve their abilities and skills to systematically analyse management problems by applying quantitative methods. The course is appropriate for participants who are new to QM-2 or those who are looking for a refresher course. This course doesn’t expect participants to have prior knowledge of QM 2; however, knowledge of basic statistics and quantitative methodologies are pre-requisite.

The course will cover the following topics:

• Getting started with QM 2
• QM 2 options and functions
• Breakeven/Cost-Volume Analysis
• Forecasting
• Linear Programming
• The Assignment Model
• The Transportation Model
• Process Performance and Quality
• Job Shop Scheduling & Sequencing
• Lot Sizing & Inventory
• Graphical displays
• Assignments (Non-graded)

The course content would be encapsulated in video lectures with a cumulative time line of 4-5 hours. It would be a self-paced course.

Target Customers:

• Students who need to know about R
• Anyone who is interested in learning statistics using QM2
• Researchers who wants to use QM2 for data analysis

Pre-Requisites:

• Basic understanding of statistical concepts

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