Course Catalog and Schedule



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

Description:

This course counts toward the following majors: Decision Sciences, Managerial Analytics, Operations.

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: OPNS-430 and FINC-430/FINC-440. May be taken concurrently.

Prerequisites:
All Students: ( OPNS-430-0 OR OPNS-438-B ) AND ( FINC-430-0 OR FINC-440-0 )

Download Schedule Information

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Academic Year Term   Course ID Title Sec ID   Credits Syl Instructor Times Campus Location Mand 1st Exam
2014-2015 Fall 2014 OPNS-450-0 Analytical Decision Modeling 61 1 Deshmukh, Sudhakar D. Tue/Fri 10:30 AM - 12:00 PM Evanston Jacobs (G45) Y Check syllabus and confirm final deliverable with professor.
2014-2015 Winter 2015 OPNS-450-0 Analytical Decision Modeling 61 1 Bandi, Chaithanya Mon/Thu 10:30 AM - 12:00 PM Evanston Jacobs (G43) N Check syllabus and confirm final deliverable with professor.
2014-2015 Winter 2015 OPNS-450-0 Analytical Decision Modeling 71 1 Bandi, Chaithanya Thu 06:00 PM - 09:00 PM Chicago Wieboldt (350) N
2014-2015 Spring 2015 OPNS-450-0 Analytical Decision Modeling 61 1 Deshmukh, Sudhakar D. Mon/Thu 03:30 PM - 05:00 PM Evanston Jacobs (G03) Y
2014-2015 Summer 2015 OPNS-450-0 Analytical Decision Modeling 71 1 Durango-Cohen, Elizabeth Tue 06:00 PM - 09:00 PM Chicago Wieboldt (TBD) N