MGT 3006Quantitative Methods for Mgmt.

Catalog

This course introduces the concepts and methodologies of decision modeling and structured decision-making. Theoretical concepts will be developed and practical hands-on applications will be executed using a variety of spreadsheet and statistical software packages. The process of scientific inquiry using observation, testing, sensitivity analysis, and modeling principles will be employed to reinforce understanding of real-world decision-making process. Selected production management, economics and finance applications will be used to illustrate various decision-making principles. Algebraic and structured problems will also be incorporated and form the basis of in-class and homework project assignments.