BUSQOM 0051 - DECISION ANALYTICS

Minimum Credits: 3
Maximum Credits: 3
Provides the foundations for two basic business disciplines; optimization and simulation. Various modeling concepts which have origins and have found wide applications in functional areas such as finance, marketing and operations will be studied in depth. The topics studied are linear programming; models of "go/no go" decisions and location decisions; "what if" analysis; decision analysis and multiple criteria decision making models; queuing models and statistical foundations to simulate business systems-input/output analysis.
Academic Career: Undergraduate
Course Component: Lecture
Grade Component: Letter Grade

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