Course Catalog
OPIM 410 Decision Making Under Uncertainty | 3 Credits | |||||||||||||||||||||
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This course introduces the theory and practice of decision processes under uncertainty. Under this main topic, it covers such sub-topics as the use of decision trees and influence diagrams in solving decision-making problems, assessing probabilities while modeling under uncertainty, analysis using Bayesian statistical models, value of sampling and perfect information, attitudes towards risk, and the utility theory. | ||||||||||||||||||||||
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Prerequisite: MGMT 203 - Undergraduate - Min Grade D | ||||||||||||||||||||||
or (MATH 306 - Undergraduate - Min Grade D) | ||||||||||||||||||||||
Corequisite: __ | ||||||||||||||||||||||
ECTS Credit: 6 ECTS (6 ECTS for students admitted before 2013-14 Academic Year) | ||||||||||||||||||||||
General Requirements: | ||||||||||||||||||||||