ISE 5315 - Decision Theory

Introduction to decision theory and its applications are covered. Decision making under different circumstances are discussed. Fuzzy decision making is also briefly introduced. Single objective and multiple objectives cases are illustrated. Single person as well as multiple-person decision making is differentiated. Examples will be given from different applications such as inventory control, scheduling, system design, and economic analysis.

Requisites

Credit Hours: 2.0
Repeat/Retake Information: May not be retaken.

Lecture/Lab Hours: 2.0 lecture

Eligible grades: A-F,WP,WF,FN,FS,AU,I