The subject will be divided into three components which will be chosen from the following four topic areas:<br/><br/>A. Data and Decisions. Here we use basic statistical models and decision theory to produce solutions to common decision situations that arise in management. Tools used include structured decision trees, optimisation, regression and Bayesian analysis.<br/><br/>B. Operations Management. This component will focus on using management science models in the context of both manufacturing and service operations. Case studies will be used to illustrate the use of these techniques in practise. There will also be discussion of how the results of models affect strategic choices and... -- Course Website
Prerequisites: None
