MGMT 4600 - Decision Analysis

This course is designed to present methods and concepts of decision making in uncertain business environments. It will address both the philosophy, and the methodology of scientific decision processes to supplement intuitive decision making. The objective of the course is to provide a clear understanding of both the limitations and potential benefits of formal analysis and information gathering. Some of the topics covered include: utility functions, values of perfect and imperfect information, and preference assessment.

Prerequisites & Corequisites: Prerequisite: MGMT 2750.

Credits: 3 hours