Model-based Business Intelligence

Catalog description

** Transfer course offered by NT752 ** 5210. Model-based Business Intelligence. 3 hours. Explains how model-based intelligence systems aid managerial decision processes. Attention is paid to how and why such models are used in a business intelligence decision systems environment. Course topics include the use of mathematical, statistical and business models that are embedded in business intelligence decision systems for dealing with both structured and semi-structured decisions problems. Students identify opportunities and problems for which the use of modeling will enhance a decision maker's chance of success. Different type of models and decision structuring techniques will be compared and contrasted, and appropriate techniques will be illustrated to analyze real-life situations. Prerequisite(s): MSCI 5010 or equivalent.