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MGMT 931 - Quantitative Methods for Business and Operations |
A study of quantitative methods used in business decision making. Methods of optimization modeling, such as linear and integer programming, Decision Theory, Queuing Theory and others are covered. Techniques for optimizing many critical business strategy and operations management decisions, such as production capacity, distribution network design, Input/output analysis, bottleneck and capacity analysis, economies of scale in material handling and distribution, Economic Order Quantity (EOQ), Materials Resource Planning (MRP), reorder point computations, distribution and logistics management, and production and workforce scheduling are included.
Prerequisite: Acceptance into M.B.A. program.
1.000 Credit hours 4.000 Lecture hours Levels: Graduate Schedule Types: Independent/Directed Study, Lecture Division of Graduate & Cont Ed Division Management, Business&Info Tech Department Course Attributes: Graduate Level Course, MBA/MSN/PSM Programs Crs Fee, Management (MBA) Restrictions: Must be enrolled in one of the following Fields of Study (Major, Minor, or Concentration): Biotechnology Operations Management |
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