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MS3128 - Managerial Decision Analytics

Offering Academic Unit
Department of Management Sciences
Credit Units
3
Course Duration
One Semester
Pre-requisite(s)
Pre-cursor(s)
Course Offering Term*:
Semester A 2024/25

* The offering term is subject to change without prior notice
 
Course Aims

This course aims to train students' skills in modelling and optimization that are essential in turning real-world business decision-making problems into mathematical models and developing solution methods using computer packages such as Python and Gurobi. It serves as a foundation course for business analytics, and covers commonly used optimization methods in business applications, including linear programming and nonlinear optimization. It also introduces application of the optimization methods to a wide range of problems, including statistical estimation, machine learning, and business decision making under uncertainty.  


Assessment (Indicative only, please check the detailed course information)

Continuous Assessment: 40%
Examination: 60%
Examination Duration: 2 hours
Examination - The examination will assess the students' ability to select and apply the optimization concepts and methods to solve business problems, and to interpret the implications of optimization concepts in real-world decision making.
 
Detailed Course Information

MS3128.pdf