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Business Analytics for Decision Making

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  • Data Exploration and Reduction — Cluster Analysis
  • Dealing with Uncertainty and Analyzing Risk
  • Identifying the Best Options — Optimization
    • At the end of this module students should be able to: 1. Develop a spreadsheet model for an optimization problem 2. Use Excel to solve optimization models 3. Interpret solutions and conduct what-if analysis
  • Decision Analytics
    • At the end of this module students should be able to: 1. Given a business situation, apply an appropriate technique to identify the best solution alternatives 2. Formulate and solve models for business problems that requires yes/no decisions and logical constraints 3. Create models that mix techniques and tools such as simulation and optimizationAnalyze and interpret results to make informed decisions