HEMB 566 - Statistical Modeling for Executives

2 credit hours

The goal of this course is to equip students with a palette of tools - selected from the fields of operations research and statistics - to formulate and solve complex decision-making problems. Tools include: decision trees, linear and non-linear programming, simulation and regression analysis. Students work on problems such as project selection under budgetary constraints, break-even analysis, risk analysis, sales forecasting and facility location.