Data Analysis & Decision Making - II

This is the second part of the three part course (DADM-I, DADM-II, DADM-III) which covers Operations Research and its tools with applications. In general Decision Analysis and Decision Making (DADM) covers three main areas which are: Multivariate Statistical Analysis with its applications, Other Decision Making Models like DEA, AHP, ANP, TOPSIS, etc., and Operations Research and its tools with applications. These three part DADM course will be more practical and application oriented rather than theoretical in nature. INTENDED AUDIENCE: Masters in Business Administration, Masters in Economics, Masters in Statistics/Mathematics, Masters in Industrial Engineering, Masters in Operations Research/Operations Management, Phd in related fields as mentioned above. PREREQUISITES: Probability & StatisticsOperations Researchl INDUSTRY SUPPORT: Manufacturing industry, chemical industry, steel industry, cement industry, etc.

Week 1: MCDM, MAUT and related conceptsWeek 2: Utility theory, Pareto optimality and related conceptsWeek 3: Decision TreesWeek 4: Data Envelopment Analysis (DEA)Week 5: Analytical Hierarchy Process (AHP) and Analytical Network Process (ANP)Week 6: TOPSISWeek 7: ELECTREWeek 8: PROMETHEWeek 9: MACBETHWeek 10: SWOT analysis and System analysisWeek 11: Other Decision Making toolsWeek 12: Fuzzy Logic