Management Science

MGS 411     Introduction to Management Science (4)

A broad range of quantitative techniques and their applications in business are included in this course. Microcomputers and/or calculators are used extensively. The topics covered will be: cost‑volume‑profit analysis, linear programming‑graphical and simplex methods, transportation method, probability concepts and applications, decision theory, inventory and production models, and game theory. Prerequisites: MAT 111, STA 100 or equivalents.