PMBA 5143 - Quantitative Methods and Decision Theory

3 Hours. This course is a study of the quantitative methods and the use of decision theory to solve business decisions. Topics will include statistical analysis, forecasting, statistical process control, linear optimization, project management, network analysis, decision tree development, and queuing theory. Spreadsheets will be used extensively along with real cases to prepare managers for the types of problems they will encounter on the job. Prerequisite: approved undergraduate statistics course or MBA 5013.