MEM 407: Decision Tools for Managers

Quarter Offered

Fall : Thursday / 6:30pm - 9:30pm (on campus) ; Professor Shafique
Spring : (Open to EM Minors) ; Professor Shafique


Calculus-based Statistics or equivalent


This course provides you with an understanding of how various business situations are modeled and optimized effectively using mathematical modeling and quantitative techniques. Examples of the techniques covered in this course are time-series analysis, regression, optimization (linear, nonlinear, and discrete), probabilistic modeling, decision analysis, and simulation. Application areas include forecasting, finance, operations, production and logistics. You will learn through examples, cases, and use of software.

Sample Syllabus