Summer 2023 Sustainability Management PS5033 section 001

DECISION MODELS & MANAGEMENT

DECISION MODELS & MGMT

Call Number 11058
Day & Time
Location
MW 6:10pm-8:00pm
503 Hamilton Hall
Points 3
Grading Mode Standard
Approvals Required None
Instructor Lucius J Riccio
Type LECTURE
Method of Instruction In-Person
Course Description

This course provides an introduction to computer-based models for decision-making.  The emphasis is on models that are widely used in diverse industries and functional areas, including finance, accounting, operations, and marketing.  Applications will include advertising planning, revenue management, asset-liability management, environmental policy modeling, portfolio optimization, and corporate risk management, among others. The applicability and usage of computer-based models have increased dramatically in recent years, due to the extraordinary improvements in computer, information and communication technologies, including not just hardware but also model-solution techniques and user interfaces.  Twenty years ago working with a model meant using an expensive mainframe computer, learning a complex programming language, and struggling to compile data by hand; the entire process was clearly marked “experts only.”  The rise of personal computers, friendly interfaces (such as spreadsheets), and large databases has made modeling far more accessible to managers.  Information has come to be recognized as a critical resource, and models play a key role in deploying this resource, in organizing and structuring information so that it can be used productively.

Web Site Vergil
Subterm 05/22-06/30 (A)
Department Sustainability Management
Enrollment 16 students (30 max) as of 4:06PM Saturday, February 24, 2024
Subject Sustainability Management
Number PS5033
Section 001
Division School of Professional Studies
Open To Professional Studies
Campus Morningside
Note Cross Registration Open - Graduate Students Only
Section key 20232SUMA5033K001