Master data-driven decision making in operations with forecasting, optimization, and risk analysis.Operations Analytics
Master data-driven decision making in operations with forecasting, optimization, and risk analysis.Operations Analytics
This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Business Analytics Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.
4.7
(5,090 ratings)
1,21,461 already enrolled
Instructors:
English
پښتو, বাংলা, اردو, 3 more
What you'll learn
Model future demand uncertainties effectively
Use optimization tools for business decisions
Apply simulation techniques for risk assessment
Create and analyze decision trees
Develop data-driven operational strategies
Skills you'll gain
This course includes:
7.6 Hours PreRecorded video
4 quizzes
Access on Mobile, Tablet, Desktop
FullTime access
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There are 4 modules in this course
This comprehensive course transforms how professionals approach data-driven decision making in operations. Students learn to use advanced analytics tools for matching supply with demand, modeling future uncertainties, and evaluating competing policy choices. The curriculum covers descriptive and predictive analytics, optimization modeling, simulation techniques, and decision tree analysis. Through practical examples and hands-on exercises using Excel, participants develop skills in forecasting, risk assessment, and optimization to tackle real-world business challenges.
Introduction, Descriptive and Predictive Analytics
Module 1 · 3 Hours to complete
Prescriptive Analytics, Low Uncertainty
Module 2 · 2 Hours to complete
Predictive Analytics, Risk
Module 3 · 2 Hours to complete
Prescriptive Analytics, High Uncertainty
Module 4 · 2 Hours to complete
Fee Structure
Instructors
Associate Professor of Operations, Information and Decisions
Sergei Savin is an Associate Professor of Operations, Information and Decisions at The Wharton School, University of Pennsylvania. His research focuses on the operational aspects of healthcare delivery, particularly in improving patient access to care and optimizing diagnostic and treatment capacity. His scholarly work has been published in leading journals such as Management Science, Operations Research, and Manufacturing and Service Operations Management. Additionally, he actively participates in editorial activities for several premier journals, contributing to the advancement of knowledge in operations management.At Wharton, Professor Savin teaches a Ph.D. course on optimization, as well as core MBA and undergraduate courses on Business Analytics and Operations and Information Management. He has received recognition for his teaching excellence and is dedicated to equipping students with the analytical skills necessary for effective operations management. With a background that includes a Ph.D. from Carnegie Mellon University and a degree from the Indian Institute of Technology, Bombay, Savin combines rigorous academic training with practical insights into healthcare operations, making significant contributions to both research and education in the field.
Anheuser-Busch Professor of Management Science, Professor of Operations, Information and Decisions
Noah Gans is the Anheuser-Busch Professor of Management Science and a Professor of Operations, Information and Decisions at The Wharton School, University of Pennsylvania. His research primarily focuses on service operations, with a particular emphasis on the management of telephone call centers. Gans has served as the Department Editor for Stochastic Models and Simulation at Management Science and was the President of the Manufacturing and Service Operations Management Society (MSOM) from 2010 to 2011. His scholarly work has been published in leading journals, contributing significantly to the understanding of operational efficiency in service industries.At Wharton, Professor Gans teaches core MBA courses such as Business Analytics and elective courses on Service Operations. He also instructs Ph.D. courses in operations management. His commitment to teaching excellence has earned him recognition, including the Wharton MBA Core Curriculum Excellence in Teaching Award. Gans holds a Ph.D. in Operations Research from Stanford University and has been involved in various research projects that explore the dynamics of service systems, particularly how to optimize performance in call centers and other service-oriented environments. Through his academic contributions, he plays a vital role in shaping future leaders in operations management.
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4.7 course rating
5,090 ratings
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