In a today’s dynamic and competitive business environment, statistical and quantitative analysis support managerial decision-making processes. One of the key factors for the successful manager is to have the ability to use systematic methods to analyze the given problem, and make informed decisions. This course introduces the students to basic statistical and quantitative models/tools and illustrates the application of these tools to different decision problems from management functions such as Operations & Supply Chain Management. The course focuses on helping students to understand the basic statistical concepts and model building/problem solving skills.
For SBM students and M-profile students.