This course is an introductory level survey of quantitative techniques, and is intended to provide an overview of commonly used mathematical models and statistical analyses to aid in making business decisions. These techniques include linear programming, decision theory, project management and simulation.
The primary emphasis is to prepare students to become intelligent decision modelers. Students should be able to assess a managerial situation and then construct, verify and solve mathematical models related to the situation and then interpret the solution with a view to making recommendations for implementation. Particularly important is understanding the assumptions and limitations of the techniques; and also, how these techniques might be used outside the classroom environment.
- Tutor: Shannon Spencer