Core Numerical Methods: Algorithms for Computation

Implementing Euler’s Method

  1. Start
  2. Define function f(x,y)
  3. Read values of initial condition (x0 and y0), number of steps (n), and calculation point (xn)
  4. Calculate step size (h) = (xnx0) / n
  5. Set i = 0
  6. Loop:
    • yn = y0 + h * f(x0 + i*h, y0)
    • y0 = yn
    • i = i + 1
    While i < n
  7. Display yn as result
  8. Stop

Implementing Runge-Kutta 4th Order Method

  1. Start
  2. Define function f(x,y)
  3. Read values of initial condition (x0 and y0), number of steps (n), and calculation point (xn)
  4. Calculate step size (h) = (xnx0) / n
  5. Set i = 0
  6. Loop:
    • k1
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Intangible Capital’s Impact on Investment-Q Relation

Intangible Capital and the Investment-Q Relation

Based on the research by Peters and Taylor (2016).

Introduction: Shifting Investment Landscape

The neoclassical theory of investment was developed when firms primarily owned physical assets. Consequently, empirical tests of this theory have historically focused on physical capital. However, the U.S. economy has since shifted toward service and technology-based industries, where intangible assets have become increasingly important.

The Core Research Question

Is

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Essential Business Math Formulas & Concepts

Applied Business Mathematics Formulas


1. Polynomials, Exponents, and Roots

Exponent Rules:

  • am ⋅ an = am+n
  • (am)n = am⋅n
  • a-n = 1/an
  • am/an = am-n

Factoring Techniques:

  • Common Factor: ab + ac = a(b + c)
  • Difference of Squares: a2 – b2 = (a – b)(a + b)
  • Quadratic Factorization: ax2 + bx + c = (px + q)(rx + s)

Quadratic Formula:

x = (-b ± √(b2 – 4ac)) / 2a

Example: Solving Quadratic Equations

  • Solve x2 – 5x + 6 = 0
  • Using the quadratic formula:
    • x = (-(-5) ± √((-5)2 – 4(1)(6))) / 2(1)
    • x = (5 ± 1) / 2
    • Solutions: x
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Foundational Statistical Concepts for Data Analysis

Types of Research Questions

  • Making an Estimate About the Population

    • What is the average number of hours that students study each week?
    • What proportion of all Singaporean students is enrolled in a university?
  • Testing a Claim About the Population

    • Does the majority of students qualify for student loans?
    • Is the average course load for a university student greater than 20 units?
  • Comparing Two Sub-Populations or Investigating a Relationship Between Two Variables in the Population

    • In University X, do female students
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Industrial Process Engineering: Distillation, Roles, and Asset Depreciation

Distillation Column Design Principles

The FUG Method for Distillation Column Design

The FUG method (Fenske–Underwood–Gilliland) is a shortcut technique used to estimate the number of stages and reflux ratio in distillation column design. It’s a crucial tool for preliminary design.

Fenske Equation: Minimum Stages

The Fenske equation calculates the minimum number of theoretical stages at total reflux. This provides a theoretical lower bound for the number of stages required for a given separation.

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Essential Math Foundations: Shapes, Space, Numbers

Quadrilaterals: Shapes & Properties

What is a Quadrilateral?

  • A quadrilateral is a four-sided polygon.

  • The interior angles of a quadrilateral add up to 360°.

Types of Quadrilaterals

TypeProperties
SquareAll sides equal, all angles 90°, opposite sides parallel
RectangleOpposite sides equal and parallel, all angles 90°
RhombusAll sides equal, opposite angles equal, diagonals bisect at right angles
ParallelogramOpposite sides equal and parallel, opposite angles equal
TrapeziumOne pair of opposite sides
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