This course is primarily aimed at third- and fourth-year undergraduate students or graduate students interested in learning simulation techniques to solve business problems.
The course will introduce you to take everyday and complex business problems that have no one correct answer due to uncertainties that exist in business environments. Simulation modeling allows us to explore various outcomes and protect personal or business interests against unwanted outcomes. We can model uncertainties by using the concepts of probability and stepwise thinking. Stepwise thinking allows us to break down the problem in smaller components, explore dependencies between related events and allows us to focus on aspects of problem that are prone to changes due to future uncertainties.Read more.
This resource is offered by an affiliate partner. If you pay for training, we may earn a commission to support this site.
The techniques and tools covered in Simulation Models for Decision Making are most similar to the requirements found in Business Analyst job advertisements.
Simulation Models for Decision Making is a part of one structured learning path.
4 Courses
4 Months
Analytics for Decision Making Specialization
