Academic Calendar 2022-2023

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MMA 861 Analytical Decision Making

MMA 861  Analytical Decision Making  Units: 3.00  

In this course, we explore the use of analytical methods in management problem-solving and highlight organizational and contextual issues. We study how to construct an analytical model of a problem that can be manipulated or solved to identify a decision that yields the best outcome, according to one or more carefully defined criteria. The challenges of selling and implementing model results in an organizational context will be explored through mini-cases and illustrations. We study both deterministic models ¿ those that assume that the variables and outcomes in a decision problem are known with certainty ¿ and stochastic models, which introduce elements of uncertainty or risk. We will examine examples of models of each type that are used in current practice.

Offering Faculty: School of Business  

Master of Managements Analytics

The purpose of the Academic Calendar is to acquaint students with the academic requirements, regulations, policies, procedures and expectations of the Program. It is the responsibility of the student to read and understand the entire Academic Calendar. Questions about any of its contents should be directed to the Program Director.