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Decision Support System for Managers

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Free Online Course: Decision Support System for Managers provided by Swayam is a comprehensive online course, which lasts for 12 weeks long. The course is taught in English and is free of charge. Upon completion of the course, you can receive an e-certificate from Swayam. Decision Support System for Managers is taught by Prof. Kunal Kanti Ghosh, Prof. Anupam Ghosh, Prof Sujoy Bhattacharya.

IIT Kharagpur NPTEL via Swayam
12 weeks long
Finished
Overview

  • This course is designed with the purpose of making the participant an effective user as well as a builder of Decision Support systems (DSS). The course is application oriented and particularly focused towards solving semi-structured decision problems faced by managers in manufacturing and service organizations.

    INTENDED AUDIENCE :    Management, Industrial and Systems Engineering, Mechanical Engineering, and related disciplines. PREREQUISITES :No Pre-requisitesINDUSTRIES SUPPORT :Tata Group of Industries, Multinationals, L&T, and similar such manufacturing and service organizations including IT companies

Syllabus

  • COURSE LAYOUT

    Week 1:Introduction to Decision Support Systems (DSS) – Different types of Managerial Decision Problems and the Role of a DSS in solving them. Management Information System versus DSS, Range of Capabilities of a DSS, Components of a DSS, Examples of DSS, Basics of DSS Design Cycle.Week 2:Models in Decision Support Systems – What is a Model? Classification of Models, Purpose of Modeling in DSS, Solution Techniques: Optimization, Heuristics, and Simulation, Traditional approach to modeling and its weaknesses, Desirable features for Models in DSS, Models and Managers: The Concept of a Decision Calculus’.Week 3:Decision Support System for Evaluation of Investment ProposalsWeek 4:Decision Support System for Materials Managers
    Week 5:Decision Support System for Forecasting Demand for Independent Items – single and multi-period forecasting, forecasting for products with intermittent demandWeek 6:Decision Support System for Determination of Product Mix – product choice and bundling decisions, product mix decisionsWeek 7:Decision Support System for Production Distribution Problem for a Multi-Product and a Multi-Unit Organization Week 8:Decision Support System for Vehicle Scheduling
    Week 9:Decision Support System for Customer Centric Value Driven Decisions – designing the service systemWeek 10:Decision Support System for Human Resources FunctionWeek 11:Decision Support System for Distribution Network Design in a Supply NetworkWeek 12:Decision Support System for Pricing Decisions

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