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15.060 Data, Models, and Decisions, Fall 2002

Example of an outsourcing production schedule.
Example of an outsourcing production schedule. (Image from lecture notes.)

Highlights of this Course

The text is authored by two professors for this course, Robert Freund and Dimitris Bertsimas. An explanation of how this textbook was developed is available in the readings section.

Course Description

This course introduces students to the basic tools in using data to make informed management decisions. It covers introductory probability, decision analysis, basic statistics, regression, simulation, linear and nonlinear optimization, and discrete optimization. The computer spreadsheet exercises, cases, and examples are drawn from marketing, finance, operations management, and other management functions. The course is restricted to first-year Sloan master's students.


Prof. Robert Freund
Prof. Yashan Wang

Course Meeting Times

Two sessions / week
1.5 hours / session



Additional Features

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