



Decision Analysis I  Kendall Crab and Lobster Case 



Read Chapter 1 of the text. Prepare the Kendall Crab and Lobster Case (at the end of Chapter 1), and be ready to discuss the following questions in class: What are the choices that Jeff Daniels faces? What are the sources of uncertainty in the case? What are the consequences of the various possible outcomes? What course of action would you recommend for Jeff Daniels? 







Decision Analysis II  Graphic Corporation Case 



Read Sections 2.1 through 2.3 of Chapter 2 of the text. Read and analyze the Graphic Corporation Case (at the end of Chapter 2). In addition to developing a strategy for Dana Meseroll, you should also perform a sensitivity analysis on the piece of data that you think is the most unreliable in the problem. ANALYZE AND HAND IN YOUR ANALYSIS OF THE CASE (including sensitivity analysis). 







Discrete Probability Distributions 



The next three classes lay the basic groundwork of probability. We will see how data can be characterized as observed values of random variables and study three important probability distributions: the uniform distribution, the binomial distribution, and Normal distribution. Read Sections 2.42.11 and 2.13 of Chapter 2. 







Continuous Probability Distributions 



Read Sections 3.13.3 of Chapter 3. 







The Normal Probability Distribution 



HOMEWORK ASSIGNMENT DUE (Assignment #1). Read Sections 3.43.8 of Chapter 3. 







Simulation I  The Gentle Lentil Case 



Read Sections 4.1 and 4.2 of Chapter 4, and all of Chapter 5. Read the Gentle Lentil Restaurant Case (at the end of Chapter 5) and prepare answers to the questions at the end of the case. (Note: you are NOT required to build a simulation model.) Decide how you would go about analyzing the salary implications of the two career decisions that Sanjay Thomas faces. 







Statistical Sampling 



Reread Sections 4.14.2 of Chapter 4, and read Sections 4.3 and 4.7 of Chapter 4.
HOMEWORK ASSIGNMENT DUE (Assignment #2).








Simulation II  Ontario Gateway Case 



Read the Ontario Gateway Case (at the end of Chapter 5). Perform the case analysis modeling assignment for the Ontario Gateway Case described at the end of the case. HAND IN a brief analysis of your conclusions with appropriate but concise backup to support your recommendations.
HOMEWORK ASSIGNMENT DUE (Assignment #3). 







Regression Models 



Read Sections 6.1 through 6.7 of Chapter 6 







Regression Illustrated I 



Read Sections 4.44.5 of Chapter 4 and Sections 6.8 through 6.10 of Chapter 6. 







Regression Illustrated II 



Read the two regression cases entitled "Predicting Heating Oil Consumption at OILPLUS" and "Executive Compensation" (at the end of Chapter 6). Perform the analyses outlined at the end of each case and come to class prepared to discuss your findings. 







Introduction to Linear Optimization Modeling 



Read Sections 7.17.3 of Chapter 7. We will cover the basics of linear optimization, including formulations, key concepts, and graphical solution methods.
CASE WRITEUP DUE. Read the case "The Construction Department at Croq'Pain" (at the end of Chapter 6). Perform the analyses outlined at the end of the case and hand in a memorandum presenting your findings and conclusions. Your memorandum should include appropriate but concise exhibits to support your recommendations.








Solving and Analyzing Linear Optimization Models 



Read Sections 7.47.6 of Chapter 7. We will cover computer solution methods for linear optimization, basic sensitivity and economic analysis of a linear optimization model, as well as extensions of linear optimization and applied optimization modeling in general. 







Filatoi Riuniti Case:
Production Management 



HOMEWORK ASSIGNMENT DUE (Assignment #4). Read and analyze the Filatoi Riuniti case at the end of Chapter 7 and answer the questions at the end of the case in the format of a homework assignment. 







Sytech International Case:
Production Planning 



Read the Sytech International Case at the end of Chapter 7. Come to class prepared to discuss the case. 







Introduction to Nonlinear Optimization 



Read Sections 8.18.4 of Chapter 8. We will discuss the concepts of nonlinear optimization in class.
HOMEWORK ASSIGNMENT DUE (Assignment #5). 







Endurance Investors Case: Portfolio Management 



Read Section 8.5 of Chapter 8. Read the Endurance Investors Case at the end of Chapter 8. ANALYZE AND HAND IN YOUR ANSWERS TO THE QUESTIONS FOLLOWING THE CASE. We will discuss the Endurance Investors Case in class. 







Introduction to Discrete Optimization 



Read Sections 9.19.4 of Chapter 9. We will discuss the concepts of discrete optimization in class. 







International Industries Case: Strategic Investment Management 



Read but do not hand in the case "International Industries, Inc.'' at the end of Chapter 9. We will discuss the International Industries Case in class. 







Summary and LookAhead 



In this last class session, we will present some extensions of the concepts and modeling tools developed in the course. We will also discuss possible followon classes at Sloan and elsewhere on campus. Last but not least, we will reserve part of this session to provide guidance as you prepare for the Final Examination. 







Final Exam 



The 3hour final exam will cover the entire content of the course. The exam will be closedbook with no notes allowed. You may bring a calculator with you to the exam. You will also be given 3 pages of formulas that will be posted on the course website before the exam. There will be a 3hour final exam review on the weekend before the exam, see the course website for details. 


