ITM 107 Lecture Notes - Lecture 1: Finite Set, Venn Diagram, Universal Set

A set is a well- defined collection of objects, elements or members of sets. A = {1,2,3,4} (this is an example of objects) B= {x, y, z} this is an exam

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The course emphasizes how to apply various mathematical techniques in the support of managerial decisions in the various functional areas of business. It is subdivided into three major parts: part one covers the study of linear phenomena, including linear functions, matrices, systems of linear equations, linear inequalities, and linear programming;  part two covers non-linear phenomena and focuses mainly on quadratic, exponential, and logarithmic functions;  and part three examines probability concepts including uncertainties, conditional probability, and Bayes' formula.

Managerial Decision Making

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