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MBA 605 Course description
Saint Martin's University 2007-2008 catalog

(This course covers) "concepts of statistical decision theory, sampling, forecasting, linear programming and other stochastic and deterministic models applied to managerial problems"

In this course you will gain exposure to and practice the use of mathematical tools for aiding managerial decision-making in the corporate and public sectors. I intend to introduce you to a number of quantitative models proven effective in solving classes of managerial problems. You will use these tools to model various representative sample problems in class and in homework. The tools to be surveyed include linear programming, network programming and analysis, inventory control models, stochastic processes, decision theory, queuing theory, simulation, decision support systems and project management techniques. You will learn the strengths and weaknesses of various applications and limitations of the models presented.

This course emphasizes balancing the theory behind decision modeling and the creation of spreadsheets to easily set up and solve these models. The course emphasizes the idea that the central purpose of decision modeling for managers is to gain insight into the problem.

Contact Information:

Office:
Room 370 "Old Main"

Phone:
360.438.4587

E-Mail: dstout@stmartin.edu