Topics include technological core competencies, technological forecasting, process design, capacity planning, facility location and layout, and product and process development processes. Concepts of electronic commerce as facilitated by the Internet and related technologies. Topics include systems analysis, object-oriented modeling and database design. Design, construction and analysis of stochastic simulation models for typical management decisions. Topics include design, input-output, variance reduction, applications, validation, implementation, optimum seeking techniques and designed experiments.
Emphasis is on effect of model results on managerial policy decisions.
CP SC 150 or equivalent. F Basic probability theory with emphasis on results and techniques useful in operations research and statistics. Topics include axiomatic probability, advanced combinatorial probability, conditional informative expectation, functions of random variables, moment generating functions, distribution theory and limit theorems. S Probability models and statistical methods relevant to parametric and nonparametric analysis of reliability and life testing data. S Theoretical development of nonlinear optimization with applications, classical optimization, convex and concave functions, separable programming, quadratic programming and gradient methods.