This course offers students an introduction to linear algebra and optimization techniques useful in managerial decision making. Matrices, determinants and linear programming are reviewed and Input-Output models are discussed. The course also covers partial differentiation and the use of Lagrange multipliers in the formulation of optimization problems in business. Throughout the course applications are drawn from specialized areas of business including quality control, inventory management and transportation management. The course is suitable for students who intend to pursue graduate work in economics or business. Lect: 3 hrs. Prerequisites: GMS 200 and QMS 702 Course Weight: 1.00 Billing Units: 1
