Simulation Methods.

Catalog description

Semester course; 1 lecture hour (delivered face-to-face or hybrid). 1 credit. Enrollment is restricted to students in the Master of Decision Analytics weekend program. Introduces Monte Carlo and discrete‑event simulation; random variable generation; verification and validation; analysis of outputs; decision‑making via simulation. Includes synthetic data generation to test designs and policies. Includes Monte Carlo methods for uncertainty modeling and decision support. Students will generate synthetic data to test models and policies.