Quantitative Entrepreneurship: Analysis for New Technology Commercialization

Catalog description

This course provides engineers with a multidisciplinary mathematical foundation for integrated modeling of engineering design and enterprise planning decisions in an uncertain, competitive market. Topics include economics in product design, manufacturing and operations modeling and accounting, consumer choice modeling, survey design, conjoint analysis, decision-tree analysis, optimization, model integration and interpretation, and professional communication skills. Students will apply theory and methods to a team project for a new product or emerging technology, developing a business plan to defend technical and economic competitiveness. This course assumes fluency with basic calculus, linear algebra, and probability theory.