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Nov 21, 2024
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BAS 310 - Analytic Models for Decision Optimization3 Credit Hours
Analytical approaches for generating solutions to optimization problems, decision models, and queuing systems. Linear and integer programming, decision making under uncertainty, Monte Carlo simulation, and waiting line models. Formulation, solution, analysis, and interpretation of spreadsheet-based models for common business decision-making situations such as supply chain network design, portfolio analysis, scheduling, media mix, and product mix decisions.
(RE) Prerequisite(s): STAT 201 *, STAT 207 * or STAT 251 .
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