MAT 348 Mathematical Methods for Management

Conditions for optimization, classical inventory problems. Linear programming and its applications, including the transportation problem. Use of software packages for linear programming calculations. Probability, expectation, and risk. Portfolio selection. Stochastic processes and queues. Computer simulation of stochastic processes.  

Credits:

4

Hours

4

Requirement Designation

Regular Liberal Arts

Offered

Fall-Spring

Prerequisite

MAT 174 or MAT 175, MAT 301 and CIS 211.

Notes

Primarily for students in the Computing and Management major; not to be counted toward the Mathematics major.