May 11, 2024  
2022-2023 Academic Catalog 
    
2022-2023 Academic Catalog [ARCHIVED CATALOG]

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BUS2 191 - Decision Making Under Uncertainty


3 unit(s)
Decision analysis models and methods for optimizing decision policies: Bayes’ Theorem, decision trees, influence diagrams, utility functions and certainty equivalence functions for risk-averse analyses, measures of the value of information, use of relevant spreadsheet computer tools.

Prerequisite(s): BUS2 90  or any one of the following: BUS2 190 , PH 167 , ISE 130 ECON 3 ECON 103A  or Instructor Consent.
Grading: Letter Graded

Note(s): Offered only occasionally.


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