ACCA Quantitative Analysis: Paper 2.6

Part 1: ACCA syllabus; study guide and syllabus commentary. Part 2 The study section: introduction to quantitative techniques; probability and decision making; decision trees; statistics - introduction; statistics - statistical inference; statistics - hypothesis testing; correlation and regression; multiple and non-linear regression; forecasting and time series analysis; calculus; inventory control - introduction and terminology; inventory control - types of control system; inventory control- economic order quantity; inventory control - safety stocks and reorder levels; queueing; simulation; linear programming - introduction; linear programming - graphical solutions; linear programming - simplex method for maximizing; linear programming - simplex method for minimizing; transportation; assignment; network analysis - introduction and terminology; network analysis - introduction and terminology; network analysis - time analysis; network analysis - cost scheduling; network analysis - resource scheduling; network analysis - activity on nodes; matrix algebra; replacement analysis. Part 3 The revision section: revision and examination technique hints; examiner's reports; revision check list of essential knowledge by topic area; summaries of essential formulae; special revision questions with commentary and step-by-step answers; two mock examination papers with commentary and answers. ACCA question analysis.