Decision making is a regular and important activity for the manager. To make the right decisions, managers need to collect, process and analyze information. Based on the management science and the theory of probability and statistics, this course will support the decision-making process with basic quantitative analysis methods applied in management such as optimization problem analysis. , decision making problems, queuing problems and Markov analysis methods. The scope of application of quantitative analysis methods varies from production, finance to marketing. The use of analytical softwares, especially popular Excel software, will also be covered in this course.