Business Math Archives | MBTN Academy - Online Learning Tutorials, Problem Sets, and Certifications for Business Education
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Business Math

Unlike simple averages that treat all data points equally, weighted averages assign importance to each number according to its relevance or 'weight'. Understanding how to properly use and interpret weighted averages can enhance your decision-making skills, whether in business, education, or even everyday personal finance. Learn more in this month's free MBTN tutorial!...

This month's free tutorial preview is of our recently released Optimization 2 module, the second in a new series for operations and business math courses. At its core, linear programming seeks to find the best possible outcome from a set of linear constraints, often with the goal of maximizing or minimizing a particular objective. One of the highlights of this module is the exploration of the Microsoft Excel Solver add-in, which brings the power of linear programming to the fingertips of Excel users....

MBTN Academy is pleased to announce the beta release of a the first in a new series of modules on optimization authored by Alexander Skvorchevsky. Optimization is the process of finding the best managerial decision from an array of feasible solutions according to criterion and constraints. Faculty may add Optimization 1 to any existing Fall class at no additional cost....

August's free MBTN tutorial is Inventory 1: Inventory Management Fundamentals, the 1st module in our inventory management series. As companies struggle with supply chain challenges, it is important that everyone in a company have a good understanding of forces that shape inventory management systems. Author Robert Robicheaux introduces some of the key issues in inventory management theory and practice....