Advanced Models for Decision Making It's a Free Course. Enroll it before the instructor makes it to the paid course.
Throughout this course we will work on applied problems in different industries, such as:
- Finance Decisions: How should an investment manager create an optimal portfolio that maximizes net returns while not taking too much risks across various investments?
- Production Decisions: Given projected demand, supply of raw materials, and transportation costs, what would be the optimal volume of products to manufacture at different plant locations?
- HR Decisions: How many workers need to be hired or terminated over a planning horizon to minimize cost while meeting operational needs of a company?
- Manufacturing: What would be the profit maximizing product mix that should be produced, given the raw material availability and customer demand?
By the end of the course, you will be able to learn and Understand:
- Learn to formulate problems in investment portfolio optimization and multi-period cash flow management.
- Understanding the Impact of Parameter Changes
- Use of linear optimization in supply chain decisions
- Formulating a Transportation Problem
- Formulating an Inventory Planning
- Entering the Inventory Planning in Excel
- Formulating a Staffing Decision Problem
- Solving the Inventory Planning Problem
- Formulating the Office Assignment Decision Problem
- Entering the Office Assignment Problem in Excel
- Formulating a Product Mix Optimization Problem
- Formulating a Blending Optimization Problem
Course Instructors Soumya Sen & Offered by University of Minnesota from Coursera
Course Duration: Approx. 14 hours
Can I download Advanced Models for Decision Making course?
Course videos can be downloaded for offline viewing using the Udemy mobile app on Android and iOS. Some courses may allow downloading lectures on a computer only if the instructor has enabled it, but this is not guaranteed and is not the primary method Udemy supports.Can I get a certificate after completing the course?
Yes. After successful completion of the Advanced Models for Decision Making, learners will receive a certificate of completion. The certificate confirms that the course has been completed and can be downloaded and shared on resumes or professional profiles.Are there any other coupons available for this course?
Additional coupons for this course may be available from time to time. Coupon availability is time-limited and may change or expire at any time, so it’s recommended to check regularly for updated offers.Disclosure: This post may contain affiliate links and we may get small commission if you make a purchase. Read more about Affiliate disclosure here.
