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Nov 21, 2024
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ITOM 6202 - Management Decision Analysis
Credits: 2
Explores how complex business problems can be analyzed, modeled, and solved in an optimal manner. Reviews decision-making under risk and uncertainty; the use and application of decision trees, including the incorporation of utility theory; the use and application of mathematical optimization models, including linear programming, network models, and integer programming; and simulation. Students develop spreadsheet models for making complex business decisions and interpret the results of such models.
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