CH3109 DECISION TOOLS FOR ENGINEERING BUSINESS

Making difficult choices in business, manufacturing, finance and engineering domains require mathematical knowledge like statistics, optimization, probability, control and modeling. The course emphasizes applying these mathematical tools to solve engineering/business problems though case study. Course Content 1. Finance math basics 2. Statistics, probability and their application in business/engineering decision 3. Data exploration and data mining 4. Optimization methods for decision making 5. Case study for decision making in engineering business