ISOM-201

Course Number

ISOM-201

Course Name

Data and Decisions Analysis

Course Credits

3.00-

Description

’This course is designed to introduce undergraduate business students to fundamental quantitative methods of using data to make informed management decisions. The course covers decision modeling, decision analysis, regression, forecasting, optimization, and simulation, as it applies to the study and analysis of business problems for decision support in finance, marketing, service, and manufacturing operations. To provide students with a perspective on how management science is used in practice, much of the material is presented in the context of practical business cases and examples drawn from Finance, Marketing, Operations Management, and other management areas. The implementation of management science tools has been facilitated by the intensive development of spreadsheet models. Prerequisite: Math 134 and STATS 250 ’