A special DSS software for management Science will be used to solve the problems related to this class. Prerequisites for this class will be Operations Research, Statistics, Production and Operation Management, and Management Information System. The course is an introduction to the technical issues, principles, current results, and likely directions drawing upon the research literature and activity in the area of multimedia computing. Much attention will be focused on WWW, including the novel language Java that has been designed particularly for the secure and platform-independent applications over the internet. Consumers choose the kind of product they prefer.
Organizational participants make decisions concerning the success of the organization.
The purpose of this course is to illustrate the study of decision making behavior by introducing various theories contributed by economists and psychologists. The first couple of weeks will be devoted to the concepts of decision making assumed by early researchers, such as rational choice, expected utilities and Bayes's theorem. Then the challenging psychological experiments will be discussed. More approaches to rationality, such as bounded theories, ecological theories will also be discussed. Additionally, other cognitive aspects of information processing relevant to the decision making behavior will be concluded as well.