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Sep 27, 2024
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ITOM 6252 - Decision Models
Credits: 2
Students gain an understanding of how complex business problems can be analyzed, modeled, and solved in an optimal manner. Reviews decision-making under risk and uncertainty, with emphasis on the use and application of decision trees and the incorporation of utility theory. Covers the use and application of mathematical optimization models, including linear programming, network models, and integer programming. Students develop spreadsheet models for making complex business decisions, and interpret the results of such models. Prerequisite: Enrollment in the M.S.B.A. program.
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