In this data-driven world, companies are often interested in knowing what is the "best" course of action, given the data. For example, manufacturers need to decide how many units of a product to produce given the estimated demand and raw material availability? Should they make all the products in-house or buy some from a third-party to meet the demand? Prescriptive Analytics is the branch of analytics that can provide answers to these questions. It is used for prescribing data-based decisions. The most important method in the prescriptive analytics toolbox is optimization.
This course will introduce students to the basic principles of linear optimization for decision-making. Using practical examples, this course teaches how to convert a problem scenario into a mathematical model that can be solved to get the best business outcome. We will learn to identify decision variables, objective function, and constraints of a problem, and use them to formulate and solve an optimization problem using Excel solver and spreadsheet.Lee mas.
Este recurso es ofrecido por un socio afiliado. Si paga por la capacitación, podemos ganar una comisión para respaldar este sitio.
Las técnicas y herramientas cubiertas en Optimization for Decision Making son muy similares a los requisitos que se encuentran en los anuncios de trabajo de Analista de datos.
Optimization for Decision Making is a part of uno structured learning path.
4 Courses
4 Months
Analytics for Decision Making Specialization
