| Instructor |
Daniel Jiang (drjiang@pitt.edu, 1002 Benedum
Hall) |
| Time/Space |
Tuesday/Thursday 9:30-10:45am, Benedum 1045 |
| Office Hour |
Tuesday 11:00-12:00pm, Benedum 1002 |
| Description |
Decision making is the key in understanding a variety of problems in industry, including inventory
control, revenue management, pricing, energy, healthcare, logistics, and finance. In this course, we focus
on stochastic decision models (i.e., "decision making under uncertainty") and discuss the fundamental
methodology/models in conjunction with applications to real world problems. Students should have a basic
understanding of probability and optimization (linear programming). |
| Textbooks |
Lecture slides provided on Blackboard/Courseweb. Some sections of the following textbooks (not required)
will be used.
- Bertsimas & Freund, Data, Models, and Decisions.
- Nahmias & Olsen, Production and Operations Analysis.
|
| Grading |
Problem Sets 25%, Midterms 20%/20%, Project/Final 35%. |
| Activity |
Ride-Sharing Analytics Game! See the description and data for more information. |