DSIM 415 Management Science
Prerequisites: DSIM 201 and DSIM 305. This course introduces students to the theory and applications of optimization. Optimization can prescribe better decisions instead of just showing insights derived from data. We focus on how these types of analyses help businesses create value and sustain high-performance throughout their operations, for both products, and services. A variety of quantitative techniques, which are widely used by managers to enhance decision- making will be covered. Topics to be covered include linear programming and some of its most common applications in manufacturing, transportation, marketing, finance, etc., as well as, integer programming, network optimization models, queuing models, and data envelopment analysis.