Apr 07, 2020  
School of Graduate Studies Calendar, 2019-2020 
    
School of Graduate Studies Calendar, 2019-2020
Add to Favourites

BUSINESS O715 / Simulation for Business Analytics

3 unit(s)

Prerequisite(s): BUSINESS Q600   OR BUSINESS I602  AND BUSINESS I603  

Simulation is an analytics tool that can help businesses take the right decisions in the face of uncertainty. The McKinsey Global Institute has identified simulation as one of the essential techniques for analysing big data. This course teaches students how to develop and use simulation models of real or conceptual systems using MS Excel and Analytic Solver Platform. Examples of applications can include determining optimal supply chain locations, inventory stocking policies, demand prediction, workforce allocation and scheduling, waiting lines in health care facilities and financial planning.



Add to Favourites