Course

Course Summary
Credit Type:
Course
ACE ID:
COPE-0016
Organization's ID:
MGQ 411
Organization:
Location:
Classroom-based
Length:
45 hours (15 sessions)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 Business Decision
Description

Objective:

The course objective is to provide an introduction to some of the important models and problem solving techniques used in business decision making.

Learning Outcomes:

  • Understand how to clearly define business problems and effect optimal solutions utilizing well-reasoned modeling techniques
  • Understand appropriate applications of forecasts and simulations as a basis for managerial decisions
  • Enhance skills utilizing Microsoft Excel modules and templates to derive solutions to problems having common business applications
  • Recognize both the effectiveness and limitations in using models as replications of real world situations

General Topics:

  • Learning curves
  • Forecasting
  • Utility theory
  • Statistical decision theory
  • Queuing theory
  • Linear and integer programming
  • Transportation and assignment models
  • Graph theory
  • Project management
  • Process mapping
  • Network modeling
Instruction & Assessment

Instructional Strategies:

  • Case Studies
  • Classroom Exercise
  • Discussion
  • Learner Presentations
  • Lectures

Methods of Assessment:

  • Examinations
  • Presentations
  • Written Papers

Minimum Passing Score:

70%
Supplemental Materials