BALT 3301 Managerial Decision Making Under Uncertainty
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This BALT 3301 Managerial Decision Making under Uncertainty course introduces students to the art and science of deciding underneath constraints like restricted information, uncertainty, and competitor objectives. The course provides students with hands-on expertise in victimization drawback resolution techniques. Students are going to be introduced to simulation modelling, improvement techniques, and call trees.
Once there's uncertainty concerned, may either go along with our gut feeling or take an analytical approach by characterizing the uncertainty, shaping objectives, and evaluating the risk/payoffs of decisions. This course is regarding the latter and is given through the usage of example drawback instances.
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