| Credit Hours: |
3 |
| Contact Hours: |
3
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| Laboratory Fee: |
None.
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| Prerequisites: |
There are no prerequisites for this course.
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| Corequisites: |
There are no corequisites for this course.
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| Comments: |
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| Catalog Description: |
Concentrates on practical decision problems for the manager in an
organization. Topics include decision-making theory, linear
programming and extensions, Markov Chains, queuing, simulation, and
decision support systems. Use of computer packages.
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| Required Materials: |
Books:
- Fogler and LeBlanc. Strstegies for Creative Problem Solving, 2nd ed., Prentice Hall, 2008. ISBN: 9780130082794
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| Supplemental Materials: |
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| Special Requirements: |
None
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| Program Learning Outcomes: |
Upon successful completion of the program students will:
- Demonstrate the knowledge of ethical and diversity
challenges and opportunities within an organizational setting.
- Demonstrate knowledge of management information systems within
an organization.
- Demonstrate knowledge of appropriate decision-making models in
organizational administration.
- Demonstrate knowledge of the elements of operational management
within an organization.
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| Course Learning Outcomes: |
1. Understand risk management and decision theory models.
2. Explore behavioral and economical implications of decision theory
models.
3. Evaluate risk analysis and assessment tools.
4. Compare different approaches used by businesses to manage risks
and make better decisions,
5. Examine factors that influence decisions and risks in today's
global organizations.
6. Develop model(s) that integrate and apply the concepts
learned.
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| Methods of Evaluation: |
Evaluation of student progress towards achieving the stated learning
outcomes and performance objectives is the responsibility of the
instructor, within the policies of the college and the department.
Detailed explanations are included in the expanded syllabus
developed
by the instructor for each section being taught.
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| Flexibility: |
It is the intention of the instructor to accomplish the objectives specified in the course syllabus. However, circumstances may arise which prohibit the fulfilling of this endeavor. Therefore, this syllabus is subject to change. When possible, students will be notified of any change in advance of its occurrence.
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| Student Email Accounts: |
Pensacola State College provides an institutional email account to all credit students. Pirate Mail is the official method of communication, and students must use Pirate Mail when communicating with the College. In cases where companion software is used for a particular class, emails may be exchanged between instructor and student using the companion software.
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| Note: |
For students with a disability that falls under the Americans with Disability Act or Section 504 of the Rehabilitation Act, it is the responsibility of the student to notify Student Resource Center for ADA Services to discuss any special needs or equipment necessary to accomplish the requirements for this course. Upon completion of registration with the Student Resource Center for ADA Services office, specific arrangements can be discussed with the instructor.
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| Equity Statement: |
Pensacola State College does not discriminate on the basis of race, color, national origin, sex, disability, age, religion, marital status, pregnancy, sexual orientation, gender identity or genetic information in its programs, activities and employment. For inquiries regarding the College's non-discrimination policies, contact: The Executive Director of Institutional Equity and Student Conduct 1000 College Boulevard. Building 5, Pensacola, Florida 32504 (850) 484-1759
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