OPRE3340 - Advanced Quantitative Business Methods

OPRE 3340 Advanced Quantitative Business Methods (3 semester credit hours) Designed for business majors, focusing on strengthening analytical skills essential for solving business problems. Key methodologies involve multivariable functions, partial differentiation, integration, constrained and unconstrained optimization, Lagrange multipliers, least squares, and Euler's method. Practical applications cover inventory planning; market equilibrium, demand elasticity and marginal functions of economics; financial topics such as the future value of income streams of finance. Prerequisite: MATH 1325 or MATH 2413 or MATH 2417. (3-0) Y