Management Science Models and Techniques - Udemy Course

Learn how to logically solve real word busines problems using management science models and techniques using Excel

The stuff of management science can appear abstract, and students sometimes have trouble perceiving the usefulness of quantitative courses in general. Part of the issue is that the examples used in books often do not appear realistic.

Regrettably, examples must be made simple to facilitate the learning method. Larger, more complex examples reflecting actual applications would be complex to help the student learn the modeling system. The modeling techniques in this coursework are, in fact, used extensively in the business world, and their use is increasing quickly because of information know-how.

The actual aim of management science is to solve the decision-making issues that confront managers by developing mathematical models of those issues

For this coursework, the main aim is to demonstrate solutions to various issues that managers face every single day. From maximizing profitability, minimizing transportation costs, to optimizing worker scheduling this coursework will give you a hands-on approach to dealing with management science models and techniques.

There is no mathematical programming in this coursework or learning complex formulas, as they will use Microsoft Excel as an aid to solving various common business scenarios that you encounter at the workplace.

The whole idea is to make these mathematical topics appear less complex and present them in a practical way to your benefit. Each modeling system is explained with straight forward examples followed by hands-on tutorials.

Udemy Coupon :