Practice guidelines and tasks on discipline “Managerial decision modeling” for the students of the speciality 6.030601 “Management” (full-time study bachelors)

Abstract

The practice guidelines and tasks cover the applied recommendations and tasks on discipline “Managerial decision modeling” for the students majoring in 073 “Management”. The main tasks of the course are: - to acquaint the students with the steps in decision modeling and types of decision models; - to provide an introduction to the underlying components of managerial decision modeling, such input data, decision variable and problem parameter; - to establish a sense of the managerial decision making process, decision making under risk and uncertainty, and decision tree approach; - to acquaint the students with decision modeling based on time series, time series components and time series analysis; - to establish a sense of the decision modeling with econometric modeling, and decision making with linear and non-linear econometric model; - to provide students with understanding of inventory decisions modeling in supply chain and decision modeling with queuing models; - to acquaint the students with decisions modeling with simulation models.