In this course students learn how to run business operations efficiently and effectively using prescriptive analytics tools and techniques in managerial decision making. The course introduces students to several quantitative models used in contemporary analytics. Analysis of business scenarios using computer software allows a focus on the conceptual understanding of prescriptive models. Prescriptive topics covered include: decision analysis, Bayesians analysis, stochastic and deterministic forecasting, inventory management, linear programming and optimization, simulation, and project management.
Number of Credits: 3
When Offered: Fall, Spring, Summer
How Offered: Face-to-Face
Prerequisites: MTH 114, BUS 202, AND BUS 205