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BAX 368 BAX 368. Advanced Optimization Methods and Decision Making. 3 Hours.
Restricted to students in a business major. Examine decision-making under uncertainty. Discuss optimization and planning in various contexts including queueing, resource allocation, pricing, inventory management, and artificial intelligence. Explore stochastic optimization, sample average approximations, simulation, and sequential decision making. Utilize Python for hands-on work. Three lecture hours a week for one semester.