Academic Catalog

BA4517 DECISION ANALYSIS: TOOLS AND METHODS

Course Code: 3124517
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 6.0
Department: Business Administration
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator: Assoc.Prof.Dr. GÜLÞAH KARAKAYA
Offered Semester: Spring Semesters.
Prerequisite: Set 1: 3123504
Set 2: 3125503
Set 3: 3160352
One of the sets above should be completed before taking BA4517 DECISION ANALYSIS: TOOLS AND METHODS .

Course Content

Decision analysis aims to provide a structured and systematic approach to guide the decision making activities in complex problems. This course attempts to convey the basic concepts and principles on the analytical methods, tools and techniques of decision analysis. Topics to be covered include Multi-Objective Decision Making (MODM), SMART, SMARTER, even swaps, AHP, Multi-Attribute Utility Theory(MAUT), influence diagrams, decision trees and scenario planning.
Prerequisites: BA 3504.