Decision Making school training courses in Detroit, MI (public, in-house or online)

The study and application of theories and techniques of managerial decision making and problem solving via the case analysis process. Includes an examination of both the qualitative and quantitative mathematical models used in evaluating and selecting suitable alternatives

Applied Managerial Statistics stresses the practical use of statistics in collecting, organizing, analyzing, interpreting, and presenting data. Areas covered include descriptive statistics, inferential statistics, regression analysis, and time series analysis. Attention is devoted to the use of statistical thinking in improving the managerial decision making process.

The course examines intermediate-level price theory and surveys applications to public sector decision making. Topics include demand, supply, behavior of the market, and introductory welfare economics. Applications include forecasting, benefit-cost analysis, input-output analysis, and economic modeling.

This course focuses on understanding, interpreting, and using financial information for the purposes of making sound financial decisions. The concept of financial intelligence is introduced as it relates to effectively analyzing and assessing financial performance to understand what numbers really mean and when or how to appropriately challenge them.

Simulation is one of the most widely used methodologies for modeling and analyzing complex systems and processes. In recent years its use in business applications has increased dramatically due to available and easy-to-use software on increasingly powerful personal computers. Students learn how to design, build, use, and analyze simulation models of business systems and processes using widely available simulation software. The business systems and processes that the class studies are supply chai...

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