Decision Analytics for Managers. (3-0) 3 Credit Hours

Catalog description

Prerequisite: MS 5013 or an equivalent or consent of instructor. This course is a study of the applications of decision analytics techniques used in managerial decision-making. Topics include, but are not limited to, linear programming, distribution network models, project scheduling, inventory management, waiting line models, simulation, decision analysis, and Markov processes. Students will develop spreadsheet models that enable these techniques to utilize the data available to them and apply the results to business decisions. (Formerly titled "Decision Analysis and Production Management".) This course has Differential Tuition.