Course Catalog and Schedule



Analytical Decision Modeling (OPNS-450-0)
1.00 Credit
TCE BidStats

Description:
This course focuses on structuring, analyzing and solving managerial decision problems on Excel spreadsheets. We address problems of resource allocation (how to use available resources optimally), risk analysis (how to simulate the effects of uncertainty in problem parameters), decision analysis (how to analyze sequential decisions involving uncertainty), data analysis (how to synthesize the available data into useful information) and forecasting (how to extrapolate past observations into the future). In each area, we pose specific problems from operations, finance and marketing, structure them on Excel spreadsheets, and analyze and solve them using the available Excel commands, tools and add-ins. The course involves a hands-on, in-class learning experience in modeling and analyzing a variety of business decision problems on a common spreadsheet platform. It should, therefore, enhance one's problem-solving capabilities as well as spreadsheet skills. A good working knowledge of Microsoft Excel is required.

Prerequisites:
Prerequisites:
Full-Time: (FINC-430-0 OR FINC-440-0 OR FINCM-430-0) AND (OPNS-430-0 OR OPNS-438-5 OR OPNS-438-A OR OPNS-438-B OR OPNS-440-0 OR OPNSM-430-0)
Part-Time: (FINC-430-0 OR FINC-440-0) AND (OPNS-430-0 OR OPNS-438-5 OR OPNS-438-B)

Download Schedule Information
Command item
  
Academic Year Term   Session Course ID Title Sec ID   Credits Syl Instructor Times Campus Location Mand 1st Exam
2015-2016 Fall 2015 10 Weeks OPNS-450-0 Analytical Decision Modeling 61 1 Deshmukh, Sudhakar D. Mon/Thu 10:30 AM - 12:00 PM Evanston Jacobs (G42) N Confirm final deliverable with professor and syllabus.
2015-2016 Winter 2016 10 Weeks OPNS-450-0 Analytical Decision Modeling 61 1 Bandi, Chaithanya Mon/Thu 10:30 AM - 12:00 PM Evanston Jacobs (166) N Confirm final deliverable with professor and syllabus.
2015-2016 Spring 2016 10 Weeks OPNS-450-0 Analytical Decision Modeling 61 1 Deshmukh, Sudhakar D. Mon/Thu 10:30 AM - 12:00 PM Evanston Jacobs (276) Y
2015-2016 Summer 2016 10 Weeks OPNS-450-0 Analytical Decision Modeling 71 1 Durango-Cohen, Elizabeth Tue 6:00 PM - 9:00 PM Chicago TBD (Room TBA) N