QUMT 6360 Decision Optimization for Business Analytics

This course introduces the principles and techniques of prescriptive analytics. These provide business entities and policy makers with rational tools for evaluating performance, making decisions, designing strategies, and managing risk. Students will learn how to use analytical models to evaluate uncertainty that is prevalent in many business decisions. Since Business problems often have alternative solutions, studnets will learn how to use analytical models to assess various business solutions and identify the best course of action. Tjis course involves a hands-on learning experience with spreadsheet modeling and other analytical packages. The emphasis is on how to employ these analytical methods to facilitate managerial decision making in diverse industries and functional areas.

Credits

3

Schedule Type

Lecture

Grading Basis

Standard Letter (A-F)

Administrative Unit

Dept of Information Systems

Offered

As scheduled