MBAMS 638 Management Decision Models
Professor Hamed Yarmand
Thursday 5:30-8:15pm
Applies to meet MBA elective, specialization in Supply Chain Management
Applies to meet MSBA requirement. Applies to meet MSIT elective.
Improve your decision making
- Learn how to…
–Translate a real-world problem into mathematical language
–Analyze the problem using quantitative analysis tools
–Translate it back to the real-world to implement the results
- Learn how to use mathematical modeling to…
–Select a stock portfolio that will maximize the expected return
–Update the production plan dynamically as demand changes
–Schedule surgeries in operating rooms in a hospital
–Staff a bank at different times based on customer arrival rate
–Find the shortest path for a postal service truck to deliver its packages
–Allocate vaccine doses to different regions to minimize an epidemic
- Also learn how to Consider uncertainty about the future in decision making
- Want to know more? Email hamed.yarmand@umb.edu