Courses of Study 2011-2012 
    Apr 15, 2024  
Courses of Study 2011-2012 [ARCHIVED CATALOG]

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AEM 4170 - Decision Models for Small and Large Businesses

Fall. 3 credits.

Prerequisite: AEM 2100  or equivalent. Enrollment is limited to: juniors or seniors (priority given to AEM majors). No F lec in weeks labs are held.

C. L. van Es.

Focuses on economic and statistical models of decision analysis and their applications in large and small business settings. Demonstrates how use of models can improve the decision-making process by helping the decision maker. Emphasizes the importance of sensitivity analysis and the need to combine both quantitative and qualitative considerations in decision making. Draws cases from small business scenarios, the public policy arena, and corporate settings. Lab sessions focus on implementing decision models with computers.

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