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Communicating With Data >> Content Detail



Study Materials



Readings

Chapters refer to the required course textbook: Bertsimas, Dimitris, and Robert M. Freund. Data, Models, and Decisions: The Fundamentals of Management Science. Southwestern College Publishing, 2000. Recommended books can be found in the syllabus.

LEC #TOPICSREADINGS
1IntroductionBegin reading Chapter 1.
2Decision Analysis I - Kendall Crab and Lobster CaseRead Chapter 1 and, if possible, Chapter 2.1-2.3. Read Kendall Crab and Lobster Case.
3Laws of ProbabilityRead Chapter 2.1-2.3.
4Decision Analysis II - Graphic Corp. CaseRead the Graphic Corp. Case at the end of Chapter 2.
5Value
6Discrete ProbabilityRead Chapter 2.4-2.8.
7Binomial Distribution
8Portfolio Risk ManagementRead Chapter 2.9-2.11 and 2.13.
9Normal DistributionRead Chapter 3.4-3.8.
10Central Limit Theorem
11Sampling and Sample MeansRead Chapter 4.1-4.3 and 4.7.
12SimulationRead Chapter 5. (It May be Useful to Re-read Chapter 4.1-4.2.)
13Gentle Lentil CaseRead the Gentle Lentil Restaurant Case at the end of Chapter 5.
14Estimation and Mis-estimation
15Ontario Gateway CaseRead the Ontario Gateway Case at the end of Chapter 5.
16Regression IRead Chapter 6.1-6.7.
17Regression IIRead Chapter 4.4-4.5 and Chapter 6.8-6.10. Read the two regression cases entitled "Predicting Heating Oil Consumption at OILPLUS" and "Executive Compensation" at the end of Chapter 6.
18Regression IIIRead "The Construction Department at Croq'Pain" at the end of Chapter 6.
19Communication ExerciseAdditional reading to be handed out.
20Summary
21Final Exam

 








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