15.0711 The Analytics Edge
Presents real-world examples in which quantitative methods provide a significant competitive edge that has led to a first order impact on some of today's most important companies. Examples include finance (quantitative asset management and options pricing), sports, health care, revenue management, supply chains, and the Internet. Outlines the competitive landscape. Presents the key quantitative methods that created the edge (data-mining, dynamic optimization, simulation), and discusses their impact. Uses R programming language. Includes team projects. Meets with 15.071 when offered concurrently. Students taking graduate version complete additional assignments.
This class has 15.053 as a prerequisite.
15.0711 will not be offered this semester. It will be available in the Spring semester, and will be instructed by D. Bertsimas.
Lecture occurs 2:30 PM to 4:00 PM on Mondays and Wednesdays in E51-315.
This class counts for a total of 12 credits.
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