Examine the design of formal mathematical model-building in support of business decision making. Develop deterministic models and stochastic models (e.g., inferential statistics) to assist management improve both the efficiency and effectiveness of decision making. An independent project (experiential exercise) encompassing conceptual modeling through formal solution and implementation is required.
Cr. 3. Notes You must be admitted to the MBA program or secure approval from the department before enrolling in any graduate-level business or economics course.