Prereq: Only students enrolled in either the MS Supply Chain Management or the MS Supply Chain Engineering program are eligible to take this course.
This course teaches students how to make business decisions based on the data and quantitative models. It introduces students to the optimization methods used in business - primarily linear and integer programming. The concepts are studied mainly in the context of applications to the operations and supply chain management field. Examples from other business disciplines such as finance and human resource management are included too. In this course, students learn to model the business problems on Excel spreadsheets, analyze and solve the models, and then interpret the solutions obtained to make recommendations to managers.
This course teaches students how to make business decisions based on the data and quantitative models. It introduces students to the optimization methods used in business - primarily linear and integer programming. The concepts are studied mainly in the context of applications to the operations and supply chain management field. Examples from other business disciplines such as finance and human resource management are included too. In this course, students learn to model the business problems on Excel spreadsheets, analyze and solve the models, and then interpret the solutions obtained to make recommendations to managers.