Decision Optimization and Risk Management



Sophisticated and user-friendly decision technologies play an increasingly important role in optimizing decisions and in managing risk by managers and executives at all levels. Indeed, the utilization of these technologies in a time-sensitive manner can have a tremendous impact on a company’s profitability and can even mean the difference between competitive success and failure. This course focuses on modeling and analyzing complex problems with such technologies. Specifically, methodologies discussed include linear and nonlinear optimization, simulation, and decision analysis.