2014-2015 Undergraduate Catalog 
    
    Aug 09, 2022  
2014-2015 Undergraduate Catalog [ARCHIVED CATALOG]

SYST 3304 - Decision Analysis


Prerequisite: SYST 3302  . Provides an introduction to the concepts, methods, and tools used in decision analysis. Formulating and structuring a decision problem and use of quantitative tools and analysis are studied.
Topics covered include influence diagrams, decision trees, sensitivity analysis, value of information, and risk attitudes. The issue of conflicting objectives is also addressed as a factor in decision analysis process.
  3 credits