SCM 386Quantitative Methods

Catalog

Quantitative methods addresses the development of modeling techniques and decision analysis tools aimed at assisting managers in problem solving and the decision making process. This course introduces a number of tools and techniques commonly used in the operations and supply chain management function. Topics covered include: linear programming, sensitivity analysis, transportation problems, project management, queuing systems, forecasting, and simulation. This course provides a hands on approach to developing quantitative models and utilizes spreadsheets as the primary tool for analyzing and evaluating many common problems and issues facing supply chain managers.