F09_MTS506_QUANTITATIVE_METHODS_FOR_DECISION_MAKING+(S+I)

=MTS506: Quantitative Methods for Decision Making=

Semester:
Fall 2009

Instructor:
Syed Inayatullah

Program:
MBA (EVENING)

Course Description
The main purpose of this course is to explore some of the quantitative decision models used in managerial decision-making situations. The students will get an opportunity to master the art and science of making and analyzing quantitative decision models under specific assumptions in a variety of managerial problem-situations. Quantitative models do not completely capture the reality of problem-situations, and, therefore, a solution to a model is not necessarily the solution for the real problems. If a model is properly built and its solution is critically analyzed, then it can provide a great deal of valuable information and insight to a decision maker.