Advanced Models for Decision Making

This course is part of Analytics for Decision Making Specialization

Instructor: Soumya Sen

Skills you'll gain

  •   Finance
  •   Production Planning
  •   Operations Research
  •   Microsoft Excel
  •   Manufacturing Operations
  •   Decision Making
  •   Resource Allocation
  •   Mathematical Modeling
  •   Investment Management
  •   Business Analytics
  •   Supply Chain
  •   Workforce Planning
  • There are 4 modules in this course

    (a) Finance Decisions: How should an investment manager create an optimal portfolio that maximizes net returns while not taking too much risks across various investments? (b) Production Decisions: Given projected demand, supply of raw materials, and transportation costs, what would be the optimal volume of products to manufacture at different plant locations? (c) HR Decisions: How many workers need to be hired or terminated over a planning horizon to minimize cost while meeting operational needs of a company? (c) Manufacturing: What would be the profit maximizing product mix that should be produced, given the raw material availability and customer demand? We will learn how to formulate these problems as mathematical models and solve them using Excel spreadsheet.

    Module 2: LP for Supply Chain Decisions

    Module 3: LP for Staffing Decisions

    Module 4: LP for Production Decisions

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