Simmons Product 2

BADM 604: Statistics and Quantitative Methods for Decision Making provides you with skills to apply the techniques of quantitative analysis in all kinds of organizational decision-making situations.

Topics

	Quantitative Analysis Approach
	Probability Concepts
	Decision Theory
	Decision Making Under Certainty
	Decision Making Under Risk
	Decision Making Under Uncertainty
	Decision Trees
	Revised Probabilities
	Forecasting
	Statistical Process Control
	Inventory Control Models
	Linear Programming
	Transportation Method
	Project Management
	Waiting Lines and Queuing Theory
	Chi-Square Analysis

You will learn to solve quantitative problems with a calculator. In addition, Microsoft Excel Data Analysis Tools will be used to solve problems and generate graphs and charts.