ECON 4870: Advanced Operations Research

3 Credit Hours

Prerequisite: ECON 3300, 60 credit hours with a minimum GPA of 2.0, and (Admission to the Coles College Undergraduate Program or Coles College Partner Program)
This course focuses on the application of operations research techniques to decision making in business problems from a managerial perspective. A variety of advanced analytical methods will be covered, such as network optimization, nonlinear programming, goal programming, queueing analysis, and simulation. Applications in different business areas will be presented, such as production, planning, finance, scheduling, transportation, resource allocation, and distribution. Excel and Excel add-ins are used extensively to accomplish formulating and solving mathematical models and apply other quantitative techniques.

This course may be cross-leveled with ECON 7770