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Decision Analysis (DECS-450-0)
1.00 Credit

Description:

This course counts toward the following majors: Analytical Consulting, Decision Sciences.

This course presents a normative approach to making decisions in one's personal and professional life. The first half of the course introduces the fundamentals of decision analysis: probabilistic modeling, preference modeling, the five rules of actional thought, decision tree construction and rollback, and the value of imperfect and perfect information. The second half of the course stresses how decision analysis is used in real-world practice. Topics include sensitivity analyses, influence diagrams, stochastic dominance, probabilistic encoding and tornado diagrams. A major component of the course is a group project in which students use the tools presented in the course to address a real-world decision problem of their own choosing.

Prerequisites:
All Students: DECS-433-0 OR DECS-436-0 OR IEMS 471-1 OR OPNS-440-0 OR OPNS-440-A

Corequisites:
None

 
We are currently in the Fall 2009 quarter.

 
Academic Year: 2009-2010
Quarter: Fall 2009
This course has not yet been scheduled.
 
Academic Year: 2009-2010
Quarter: Winter 2010
Sec ID Instructor Day Time Location
61 * McKeon / Judd MR 13:30 - 15:00 Jacobs (TBD)
62 * McKeon / Judd MR 15:30 - 17:00 Jacobs (TBD)
71 * McKeon / Judd W 18:00 - 21:00 Wieboldt (TBD)
81 * McKeon / Judd T 18:30 - 21:30 Jacobs (TBD)
 
Academic Year: 2009-2010
Quarter: Spring 2010
This course has not yet been scheduled.
 
Academic Year: 2009-2010
Quarter: Summer 2010
This course has not yet been scheduled.


* indicates Sections where First Session is Mandatory.
+ indicates Sections with Second Year Preference.

Please send questions to kellogg-registrar@kellogg.northwestern.edu .

 
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