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 112, STA 100.

MGS 421     Principles of Energy Management (4)

This course offers a comprehensive introduction to the fundamentals of power systems, electricity markets, and the critical role of renewable energies in society. It delves into the power system of New York State, providing a localized perspective on these essential topics. The curriculum covers the complexities of the day-ahead and capacity reserve markets, focusing on how independent system operators schedule power production across various generating units to meet electricity demand efficiently. Emphasizing the importance of optimization, the course highlights its role as a vital tool for effective energy planning and decision-making.

The course is designed for students interested in gaining an understanding of the power sector and the impact of renewable energies on energy prices and sector sustainability. It aims to motivate students to consider pursuing careers in this industry, including opportunities in utility companies, renewable energy service providers, consulting services, and other related fields.