Introduces the concept of probability and statistics to managerial
decision making. Concepts are developed in lecture and exercises
using software packages. Topics include: summarizing and presenting
data, probability theory, sampling, estimation, confidence intervals,
hypothesis testing, regression, and ANOVA. Emphasis is given to
modeling and solving business problems in Finance, Marketing,
Accounting, and Operations Management.
Applications of operations research methods to production problems.
Production processes in the business firm with emphasis on forecasting,
production planning, and production control techniques.
MS/MBA/PhD level courses:
Operations Management, Global Supply Chain Management, Logistics and
Distribution, Managing Energy: Risk, Investment and Technology,
Quantitative Introduction to Risk and Uncertainty in Business,
Quantitative Foundations of Business, and Seminar in Operations
Production Management, and Managerial Methods in Decision Making Under