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Spring 2024
Mar 28, 2024
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AGEC 35200 - Quantitative Techniques For Firm Decision Making
Credit Hours: 3.00. Introduction to mathematical programming and computing as an aid to agricultural decision making by firms, linear programming, game theory and strategy, simulation, the waiting-line problem, the equipment replacement decision, and multiproduct scheduling methods.
0.000 OR 3.000 Credit hours

Syllabus Available
Levels: Graduate, Professional, Undergraduate
Schedule Types: Distance Learning, Individual Study, Laboratory, Lecture, Recitation

Offered By: College of Agriculture
Department: Agricultural Economics

Course Attributes:
Upper Division

May be offered at any of the following campuses:     
      PU Fort Wayne
      West Lafayette

Learning Outcomes: 1. Manipulate and use spreadsheets. 2. Formulate linear programming problems. 3. Solve linear programming problems in Excel. 4. Interpret results obtained from linear programming models. 5. Present and explain linear programming results. 6. Understand graphically the concept of optimality in a linear program. 7. Understand the properties of optimal linear programming solutions. 8. Recognize and demonstrate instances where linear programming and simulation modeling might be valuable.


Prerequisites:
(Undergraduate level STAT 22500 Minimum Grade of D- or Undergraduate level STAT 31100 Minimum Grade of D- or Undergraduate level STAT 51600 Minimum Grade of D- or Undergraduate level STAT 41600 Minimum Grade of D-) or (Undergraduate level STAT 30100 Minimum Grade of D- or Undergraduate level STAT 51100 Minimum Grade of D- or Undergraduate level ECON E2700 Minimum Grade of D- or Undergraduate level ECON 26000 Minimum Grade of D- or Undergraduate level STAT 35000 Minimum Grade of D- or Undergraduate level STAT 50300 Minimum Grade of D- or Undergraduate level STAT 50100 Minimum Grade of D-) or (Undergraduate level STAT 50100 Minimum Grade of D- or Undergraduate level STAT 35000 Minimum Grade of D- or Undergraduate level STAT 51100 Minimum Grade of D- or Undergraduate level STAT 50300 Minimum Grade of D-)

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