Decision Model Under Uncertainty

Learning Outcomes

Upon successful completion of this course, students are expected to be able to explain given decision models and their functions in order to integrate them with the contexts to create growth-focused decisions; use decision making knowledge, tools and skills to deal with uncertainty in various business environments.

Topics

This course provides a basic understanding of models to deal with uncertainty using a wide range of techniques such as: decision trees, optimization, Monte Carlo simulation, etc., while emphasizing business growth. It will cover different business areas including production & operations, marketing, negotiations, and also finance.