Course Description

BUS 642 Decision Models

This course deals with the analysis of complex management problems that often come with uncertainty, competing objectives, and complicated constraints, and to use formal modeling and quantitative analysis techniques for informed decision making.   The course will use Microsoft Excel extensively, and will address structuring models for probabilistic analysis, model debugging, the construction and use of decision trees, running Monte Carlo simulations, and optimization with an eye toward helping a firm improve its decision making process.

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