People Innovation Excellence


Learning Outcomes:

On successful completion of this course, students will be able to: Use fundamental concepts of decision analysis and game theory; Apply the formula of deterministic , probabilistic inventory model and queing system for economic and business problems; Analyze the simulation model and Markov Chains rule for operation research problems; Demonstrate of group project from operations research topic; Propose business plan and the showcased potential business project.


  1. Decision Analysis;
  2. Creating Customer Profiles;
  3. Game Theory;
  4. Who are Our Next 10 Customers?;
  5. Deterministic Inventory Models;
  6. High Specifications in the Business;
  7. Probabilistic Inventory Models;
  8. Quantifying the Value Propositions in the Business;
  9. Queuing System;
  10. Simulation Modeling;
  11. Where is Your Positions? (Chart Competitive Position);
  12. Markov Chains;
  13. Designing Business Model of the Business and Presentation.

Published at : Updated

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