Course Details

Introduction: With growing challenges in competitive business environment, managers need to discover optimized decisions based on given Goal and Constraints. It is important for Managers and Business Analysts to learn to use optimization techniques for improving performance. The participants will learn the basic theory of optimization using Linear Programming techniques and a complete framework of making Optimized decisions using Excel tools.

Critical Managerial Abilities: The course is highly practice based with a focus on learning to solve business problems using Analytics. Thus, a large number of business cases are provided for the participants to solve using the concepts, methods and technology. Thus, participants build following Critical Managerial Abilities:

• Use of decision making framework
• Nature of data and learning to organize it for analysis
• Optimization techniques and their applications in different business situations