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Decision Analysis (OPIM618)

Course description

The objective of this course is to introduce Decision Analysis, which is the application of the scientific method to managerial and personal decision-making.  The decision analysis approach of analysing decisions consists of defining a problem, developing a model, acquiring data, developing a solution, testing the solution, analyzing results and implementing results.  Decision models can be categorized as Prescriptive, Predictive and Descriptive. This course will discuss some Prescriptive and...


Pre-requisites

Seminar Required

Graded, 1.0 Credit Units


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