MMA 861 Analytical Decision Making
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.
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.