MGMT 3050 - Decision Science

(3 credits)

Prerequisites: C or better in ECON 2080 and junior standing.

Introduces basic management science methods emphasizing application and interpretation by managers. Topics include model-building process, decision theory, Bayesian decision analysis, linear programming methods including the simplex method and assignment and transportation models, basic inventory and production models, queuing models, and Monte Carlo simulation. Computer program packages are used.

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