BUS 2130 B (CRN: 10766)

Business Administration: Decision Analysis (B)

3 credit hours

About BUS 2130 B

Introduces the tools and techniques necessary for effective decision-making in business organizations operating in a complex and dynamic environment. Prerequisites: MATH 1212 or MATH 1234 with a minimum grade of C-; STAT 1410 or STAT 2430 with a minimum grade of C-, or PSYS 2002 and PSYS 2010 with a minimum grade of C-; Business Administration, Computer Science and Information Systems, Engineering Management major, or Business Administration minor.

Notes

BSAD major and minor, 2BUS Co-Major, CSIS, and EMGT majors; Open to degree and PACE students; Prereqs enforced by the system: MATH 1212 or MATH 1234 with a minimum grade of C-; STAT 1410 or STAT 2430 with a minimum grade of C-; or PSYS 2002 and PSYS 2010 with minimum grades of C-.

Section Description

The goal of this class is to improve students' decision-making and critical thinking skills, as well as their technical, quantitative, and analytical skills. This course will introduce students to the science of fact-based, data-driven decision making; expose students to different approaches, support tools, and analytical methods for decision-making; enhance and reinforce students’ analytical skills and their ability to use information; and develop, integrate and reinforce students’ modeling skills (often based on spreadsheet usage) by using such skills in a variety of applications. Topics covered in this course include (a) probability & decision trees; (b) optimization tools and constrained resource allocation; (c) time series analysis and forecasting; and (d) project scheduling.

The format of this course will mostly consist of a combination of lectures, in-class problems and computer exercises, and discussions of readings and practice problems. Note that students are required to bring a fully operational laptop (with the required software) to class when requested.

Evaluation

Grades are based on class participation, homework assignments, quizzes, and written examinations.

Important Dates

Courses may be cancelled due to low enrollment. Show your interest by enrolling.

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