MGT 365 Quantitative Methods in Decision Making
Offered in Fall & Spring semesters. An intermediate level course for students who need to become familiar with the tools used in business decision making with an emphasis on systems modeling and systems thinking. Students are introduced to computer-based decision-making aids and simulations. Issues in effective implementation of decision support systems. Review and analysis of various expert systems including tools and generators, classification vs. diagnostic type systems and building modules. Design of decision support and expert systems. Use of a decision support systems tool to investigate a managerial decision-making scenario. Methods of dealing with unstructured and under-specified problems from management and organizational perspectives. Case studies and/or in-class computer lab exercises. Also see Enrollment Requirements.
Cross Listed Courses
MGT 365 &
MMGT 365
Prerequisite
Open to business students who have completed
MGT 123A or
MGT 123B (formerly 223) and
ECON 223(or an equivalent statistics course).