67-204 Mathematics for Business Analysis I

Spring 2000

Section 1 Edwards 8:00 to 9:00 M WRF

Section 2 Edwards 9:10 to 10:10 M WRF


Instructor: Dr. Chris Edwards

Phone: 424-1358

Office: Swart 123

Classroom: Swart 240

Text: Finite Mathematics, 8th Edition, by Barnett, Ziegler, and Byleen.

Required Calculator: TI-83 or the TI-83-Plus, by Texas Instruments. (I will use the TI-83’s in class; if you have some other TI (like the TI-82, or TI-85, etc.) or some other graphics calculator and find it works for you, that’s fine. I cannot support it as well, though. (In the past, however, I have found those students using TI-82’s or TI-85’s have been at a distinct disadvantage.)

Grading: Final grades are based on these 800 points:

 

Topic

Points

Tentative Date

Exam 1

Basic Functions and Financial Analysis

100 pts.

Feb. 23

Exam 2

Linear Equations and Linear Programming

125 pts.

Mar. 29

Exam 3

Combinatorics, Probability, and Statistics

100 pts.

Apr. 21

Exam 4

Games and Markov Chains

75 pts.

May 12

Quizzes

 

150 pts.

Sort of Weekly

Homeworks

 

200 pts.

Sort of Weekly

Presentation

 

50 pts.

Periodically

Final grades are assigned as follows:

720 pts. or more A
680 pts. or more AB
640 pts. or more B
600 pts. or more BC
560 pts. or more C
520 pts. or more D
519 pts. or less F

I reserve the right to lower these point values at the end of the semester. That is, fewer than 720 pts. may still earn an A. (This is my version of a "curve"!)

Make-up exams will be given only in special circumstances. Please see me at least two class days before an Exam to discuss a make-up Exam.


Homework and Quizzes: There will be eight (8) homework assignments each worth twenty-five (25) points and six (6) quizzes each worth twenty-five (25) points. Late homework will not count for full credit.

Cooperation on homework is encouraged; copying is not. You are urged to work together on homework to solve problems; however, each of you must submit your own write-up.

Presentations: Each student will contribute to a 4- or 5-person group presentation on one of eight topics. These presentations will be about 15 minutes in length. Your grade on the presentation will be based on class (and my) critiques.

Office Hours: Office hours are times when I will be in my office to help you. There are many other times when I am in my office. If I am in and not busy, I will be happy to help. My office hours for Spring 2000 semester are 10:20 to 11:15 and 3:00 to 3:30, Monday, Wednesday, and Friday, or by appointment.

Philosophy: I strongly believe that you, the student, are the only person who can make yourself learn. Therefore, whenever it is appropriate, I expect you to "discover" the mathematics we will be exploring. I do not feel that "lecturing" to you will teach you how to do mathematics. I hope to be your "guide" while we learn some mathematics, but you will need to do the learning. I expect each of you to come to class prepared to discuss the day’s material. That means you will have to pre-read each section of the text carefully before class.

My idea of teaching / learning is not "Teaching is telling and learning is listening". I believe that you must be active in the learning process to learn well. My role as a teacher, therefore, is not to "tell" you the answers to the problems we will encounter; rather it is to point you in a direction which will allow you to see the solutions yourselves. To accomplish that goal, I will work to find different interactive activities for us to work on. Your job is to use me, your text, your friends, and any other sources as resources. Remember, the goal is to learn mathematics, not to pass the exam. (Incidentally, if you have truly learned the material, the test results will take care of themselves.)


The schedule below details the course content, due dates of the homework and quiz and exam dates.

Monday

Wednesday

Thursday

Friday

1-31

Introduction

2-2

1-1

2-3

1-2

2-4

1-3

2-7

1-3

2-9

2-2

2-10

Quiz 1

2-3

2-11

3-1

2-14

HW 1

3-2

2-16

Quiz 2

3-3

2-17

3-4

2-18

3-4

2-21

Present: 1,2,3

2-23

HW 2

EXAM 1

2-24

4-1

2-25

4-2, 4-3

2-28

4-4

3-1

4-5

3-2

4-6

3-3

HW 3

4-7

3-6

Quiz 3

Present: 4

3-8

5-1

3-9

5-1

3-10

5-2

3-13

SPRING BREAK!

3-15

SPRING BREAK!

3-16

SPRING BREAK!

3-17

SPRING BREAK!

3-20

5-3

3-22

5-4

3-23

Quiz 4

5-5

3-24

HW 4

5-6

3-27

Present: 5

3-29

EXAM 2

3-30

6-1

3-31

6-2

4-3

6-2

4-5

6-3

4-6

6-3

4-7

HW 5

6-4

4-10

6-5

4-12

6-6

4-13

6-7

4-14

Quiz 5

4-17

HW 6

7-5

4-19

7-6

4-20

Present: 6

4-21

EXAM 3

4-24

8-1

4-26

8-2

4-27

8-3

4-28

Quiz 6

5-1

HW 7

8-4

5-3

Present: 7

5-4

9-1

5-5

9-2

5-8

9-3

5-10

Present: 8

5-11

Review

5-12

HW 8

EXAM 4


Tentative Homework Assignments:

HW 1: 1-1: 94, 1-2: 68, 1-3: 72, 2-2: 74, 2-3: 108

HW 2: 3-1: 36, 3-2: 48, 3-3: 36, 3-4: 36, 3-4: 38

HW 3: 4-1: 44, 4-2: 62, 4-3: 68, 4-4: 64, 4-5: 60

HW 4: 4-6: 50, 4-7: 22, 5-1: 54, 5-2: 36, 5-3: 12

HW 5: 5-4: 44, 5-5: 48, 5-6: 38, 6-1: 52, 6-2: 42

HW 6: 6-3: 44, 6-4: 68, 6-5: 50, 6-6: 50, 6-7: 22

HW 7: 7-5: 42, 7-6: 56, 8-1: 22, 8-2: 26, 8-3: 10

HW 8: 8-4: 12, 9-1: 60, 9-2: 38, 9-3: 46


Presentation Topics:

1) Math Modeling in Business p 74-75

2) Reducing Payments p 171-172

3) Yield To Maturity p 172-173

4) Using Matrices p 262-263

5) Production Scheduling p 364

6) Draft Lottery p 460-461

7) Baseball Strategy p 561

8) Gambler’s Ruin p 611


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Managed by: Chris Edwards
edwards@uwosh.edu
Last updated: January 23, 2000