Course Description:
Explore quantitative methods and techniques for decision support in a management environment, using mathematical models. The course includes formal project management tools and techniques, such as linear programming; use of time series analysis for forecasting; applications of regression analysis in management; and aspects of decision theory and simple modeling. Complete a final project, applying one or more of these techniques in an area of interest. Excel spreadsheet software is used extensively in course assignments.
Prerequisite: Statistics or equivalent; students should have some background knowledge in management; students need intermediate level of proficiency with Excel spreadsheets (capable of creating data tables, manipulating data, graphing, working with Excel functions, and applying formulas to data groupings) as may be gained from a course in Computer Applications.
This course fully meets the General Education requirement in Mathematics.
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