SCM 572 - Adv.Model for Decision Making

Credits: 4

The objective of this course is to improve your decision-making ability in an uncertain and complex environment, using problems and cases from multiple disciplines, including finance, marketing, and operations management. Using spreadsheet-based analytical tools and state-of-the art software, such as XL Miner, students will learn techniques widely used to structure problems, estimate the impact of a decision on performance measures of interest, assess and manage risk, and determine the optimal decisions for real-world linear, network, integer, and nonlinear optimization problems. Students will use Microsoft Excel and Excel add-ins throughout the course. Prerequisite: MGMT 503 and MGMT 507.