DECISION 210CI - Spreadsheet Modeling and Decision Analysis

Institution:

Duke University

Subject:

Decision Sciences

Description:

Successful management requires the ability to recognize a decision situation, understand its essential features and make a smart choice. However, many of these situations. Particularly those involving uncertainty and/or complex interactions may be too difficult to grasp intuitively, and the stakes may be too high to learn by experience. In these cases, we may benefit from using decision models. Simplified representations of these situations that allow you to consider the different possible scenarios and learn more about the problem. This course introduces several commonly used modeling tools (decision trees, Monte Carol simulation, and optimization) and provides an introduction to the art of modeling in a Microsoft Excel environment. Familiarity with Excel is an important prerequisite for this course. Instructor: Staff

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

WWW.DUKE.EDU

Phone Number:

(919) 684-8111

Regional Accreditation:

Southern Association of Colleges and Schools

Calendar System:

Semester

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