This course introduces students to the principles of decision theory as applied to the planning, design and management of complex projects. It will be useful to students in all areas of engineering, actuarial mathematics as well as those in such interdisciplinary areas as environmental studies. It emphasizes quantitative, analytic approaches to decision making using the tools of applied mathematics, operations research, probability and computations. Topics covered include: the systems approach, mathematical modeling, optimization and decision analyses. Case studies from various areas of engineering or actuarial mathematics are used to illustrate applications of the materials covered in this course.
Familiarity with vectors and matrices. Although the course makes use of computers, no programming experience is assumed. Students who have received credit for CE 2010 may not receive credit for MA 2210.