The quantitative approach to management incorporates analytical and numeric techniques to improve decision making. It involves the use of statistics, information models, computer simulations and aims to provide the best possible answers. The quantitative approach contributes to management through management science, operations management, management information systems, and by increasing understanding of logistics and control, optimizing management with statistical data, more efficient resource allocation, increased planning and budgeting, greater use of technology and research, and using numerical information for decision making.