Analytical Decision Making Tools

Summer 2020 > Management & Business > POMS.6240 > 051

Course No: POMS.6240-051; SIS Class Nbr: 3632; SIS Term: 2940
Course Status: Registration Closed

Course Description

This course covers principles and techniques of applied mathematical modeling for managerial decision making. Emphasis is on the methods of prescriptive analytics, including optimization models, decision analysis, simulation modeling, and risk analysis. Problems studied will include applications in finance, health care, marketing, operations, and management. Cases studies will be used extensively to demonstrate the practical use of models to improve managerial decision making. In addition to developing and applying models, emphasis will be placed on explaining the models and interpreting their results.

Prerequisites, Notes & Instructor

  • Prerequisites: POMS.6010 Operations Management, or Matriculated MS Business Analytics, or Business Analytics Certificate, or Matriculated MS Engineering Management, or permission of program coordinator
  • Section Notes: Virtual Classroom Course; Virtual Classroom Course
  • Core Codes: VRCL
  • Credits: 3; Contact Hours: 3
  • Instructor: Thomas Sloan
  • UMass Lowell Bookstore

When Offered & Tuition

  • T,Th | 6:30 PM-8:30 PM EST
  • 2020 Summer: May 18 to Jul 24
  • Course Level: Graduate
  • Tuition: $1725
  • Note: There is a $30 per semester registration fee for credit courses.

Friday Class Meetings for Virtual Courses

Unless otherwise noted above

  • Summer Start I M/W classes begin on Monday May 18 and include 3 FRIDAYS: May 22, June 5 and June 19 at the regularly scheduled hours.
  • Summer Start I T/Th classes begin on Tuesday, May 19 and include 2 FRIDAYS: May 29 and June 12 at the regularly scheduled hours.
  • Summer Start II M/W classes begin on Monday, July 6 and include 2 FRIDAYS: July 10 and July 24 at the regularly scheduled hours.
  • Summer Start II T/Th classes begin on Tuesday, July 7 and include 2 FRIDAYS: July 17 and July 31 at the regularly scheduled hours.

Related Programs: Graduate Certificate in Business Analytics, M.S. in Business Analytics, Online MBA, M.S. in Accounting, M.S. in Engineering Management, M.S. in Finance

Every effort has been made to ensure the accuracy of the information presented in this catalog. However, the Division of Graduate, Online & Professional Studies reserves the right to implement new rules and regulations and to make changes of any nature to its program, calendar, procedures, standards, degree requirements, academic schedules (including, without limitations, changes in course content and class schedules), locations, tuition and fees. Whenever possible, appropriate notice of such changes will be given before they become effective.

Course Registration Closed

The registration period for this course has ended.

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