MHY 530E - Decision Making Techniques

Course Objectives

1. to provide students practical techniques and decision support tools those help them to solve decision problems,
2. to enable students to integrate judgments with other types of information in a logical and defensible manner,
3. to improve students’ decision making skills, their ability to analyze problems systematically, and their confidence in their own decision making.

Course Description

This course will help students to improve the quality of the decisions they will make. It provides a basic treatment of decision support. In order to support decision making process; techniques and tools will be taught to specify a management problem or opportunity, to structure the decision problem, to construct the model, and especially to analyze (solve) the problem.