By the end of the course the students will be able to
- attain an understanding on the basic philosophy, tools and techniques related with Decision Analysis
- develop the analytical and critical thinking skills to model a decision problem by selecting an appropriate tool/technique
- follow the steps/procedure of the selected technique by using a spreadsheet program and develop a solution
- interpret the solution and make a meaningful recommendation to the decision maker
- prepare a group term-project that involves the application of the techniques learnt in the course to a particular decision problem consisting of real data and real decision makers