MGMT-6100

Statistics and Operations Management I

Management, finance, technology, operations, general business operations, and statistical topics are integrated from the point of view of extracting, interpreting, and communicating information. One- and higher-dimensional graphical methods and tabular arrays are used to show that statistical models are natural consequences of business and technology management. Design of investigations and time-related phenomena are covered in depth throughout the course. Statistical simulation of service and production facilities are principal tools for developing information for system design and improvement. Regression methodologies are used for summarization and improvement. Multidimensional techniques are heavily utilized. Prerequisite: familiarity with calculus. Fall term annually.

3 credit hours