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Introduction to Optimization – Statistics.Com

0-6 Month Online
Intermediate 8-Jan-2016
Online Business Analytics
Online Self Paced 1140


[su_tab title = “Description”]

Scarcity is a dominant feature of the economic landscape – time, labor and other inputs into business processes.  The essence of management is to make choices that make optimal use of scarce resources. Students

In this online course, will learn how to apply linear programming to complex systems to make better decisions – decisions that increase revenue, decrease costs, or improve efficiency of operation.


[su_tab title = “Program Structure”]

The course introduces the role of mathematical models in decision-making, then covers how to formulate basic linear programming models for decision problems where multiple decision need to be made in the best possible way, while simultaneously satisfying a number of logical conditions (or constraints).  Students will use spreadsheet software to implement and solve these linear programming problems.

Course Program:

  • WEEK 1: Introduction
  • WEEK 2: Linear Programming Models
  • WEEK 3: Domain Specific Illustrations
  • WEEK 4: Sensitivity Analysis

Important Date:

January 08, 2016 to February 05, 2016


4 Weeks

Time Requirement:

About 15 hours per week, at times of  your choosing.


INR 37,740 (assuming $ = INR 60)

Part Time/Full Time:

Part Time


[su_tab title = “Eligibility”]


Business analysts with responsibility for specifying, creating, deploying or interpreting quantitative decision models.  Users of linear programming software who need to attain a more solid grounding in the subject.


[su_tab title =”Tools”]

  • Excel


[su_tab title = “Faculty”]

  • Cliff Ragsdale


[su_tab title = “Contact”]

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