Simulation, Mathematical Optimization, Solver, Decision Tree
Sep 16, 2018
The topics is very much related to what I'm doing and I'm surprised that this course leads me to unchartered territory that brings me a lot of ways on how to solve day to day operations problem.
Jan 30, 2018
Very useful and very informative. Loved the predictive and prescriptive part of this learning. Good knowledge to get into more advanced learning. Much much better than customer analytics course.
This module introduces decision trees, a useful tool for evaluating decisions made under uncertainty. Using a concrete example, you'll learn how optimization, simulation, and decision trees can be used together to solve more complex business problems with high degrees of uncertainty. You'll also discover how the Newsvendor problem introduced in Week 1 can be solved with the simulation and optimization framework introduced in Weeks 2 and 3.