DSCI 5210 - Model-Based Business Intelligence

3 hours

Explains how model-based business intelligence systems aid managerial decision processes. Attention is paid to how and why such models are used in a business intelligence systems environment. Topics include the use of mathematical, statistical and business models that are embedded in business intelligence decision systems for dealing with both structured and semi-structured decision problems. Students identify opportunities and problems for which the use of modeling will enhance a decision maker’s chance of success. Different type of models and decision structuring techniques will be compared and contrasted, and appropriate techniques are illustrated to analyze real-life situations.

Prerequisite(s): DSCI 5010 or equivalent.