Industrial Decision Processes

Catalog description

Industrial decision processes, or operations research, is an applied science that deals with quantitative decision making, usually involving the allocation and control of limited resources. Its focus is using advanced analytical methods for industrial decision making via mathematical optimization and statistical analysis. This course will provide students with the tools and concepts to analyze real world problems in terms of economics and risk. P: MATH 104 with a C or better or higher level math placement and junior standing. REC: MATH 260 or other introductory statistics course.