551.604.01
Quantitative Tools for Managers
Location
East Baltimore
Term
2nd Term
Department
Extradepartmental
Credit(s)
3
Academic Year
2012 - 2013
Instruction Method
TBD
W, F, 1:30 - 2:50pm
Auditors Allowed
No
Available to Undergraduate
No
Grading Restriction
Letter Grade or Pass/Fail
Course Instructor(s)
Contact Name
Jamila Savage
Contact Email
Frequency Schedule
Every Year
Resources
Prerequisite
Intermediate level of Excel competence
Provides current and future managers in health care with operational understanding of quantitative modeling tools that can be used to support decision-making. Involves formulation of decision problems into models, solving models using spreadsheet and optimization software, and interpretation of modeling results. Modeling methods to be covered include linear programming, decision analysis, queueing, and simulation. These methods are applied to problems involving staffing, scheduling, patient flow analysis and other management problems.
Learning Objectives
Upon successfully completing this course, students will be able to:
- To develop an understanding of the process of quantitative modeling
- To formulate decision-making problems in terms of goals, objectives, constraints and decision variables (options)
- To identify appropriate applications of linear programming, decision analysis, and queuing models
- To develop a conceptual, as well as computational understanding of these models
- To stimulate critical thinking about operational issues in a system
Enrollment Restriction
undergraduates are not permitted in this class
Jointly Offered With