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Optimization for Decision Making

Master linear programming and Excel-based optimization techniques for data-driven business decisions.

Master linear programming and Excel-based optimization techniques for data-driven business decisions.

This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Analytics for Decision Making Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.

4.8

(66 ratings)

6,117 already enrolled

Instructors:

English

21 languages available

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Optimization for Decision Making

This course includes

13 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

Free course

What you'll learn

  • Formulate linear optimization problems from business scenarios

  • Use Excel Solver for practical decision-making

  • Analyze multiple solution scenarios and constraints

  • Implement prescriptive analytics in business contexts

  • Develop spreadsheet models for optimization

Skills you'll gain

Linear Programming
Excel Solver
Mathematical Optimization
Prescriptive Analytics
Decision Making
Business Analytics
Data Analysis
Spreadsheet Modeling
Problem Formulation
Operations Research

This course includes:

4.6 Hours PreRecorded video

8 assignments

Access on Mobile, Tablet, Desktop

FullTime access

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There are 4 modules in this course

This comprehensive course introduces students to linear optimization techniques for business decision-making. Learners master prescriptive analytics using Excel Solver, covering fundamental concepts of linear programming and practical applications. The curriculum progresses from basic problem formulation to advanced optimization scenarios, including multiple solutions and special cases. Students gain hands-on experience with real-world business problems, learning to model and solve optimization challenges using spreadsheet tools.

Module 1: Introduction to Linear Programming

Module 1 · 4 Hours to complete

Module 2: Solving Linear Programs

Module 2 · 3 Hours to complete

Module 3: Alternative Specifications & Special Cases in Linear Optimization

Module 3 · 2 Hours to complete

Module 4: Modeling & Solving Linear Problems in Excel

Module 4 · 3 Hours to complete

Fee Structure

Instructor

Soumya Sen
Soumya Sen

4.7 rating

122 Reviews

39,732 Students

3 Courses

Pioneering Researcher in Internet Economics and Data Analytics

Dr. Soumya Sen is an Associate Professor of Information & Decision Sciences at the Carlson School of Management, University of Minnesota, where he integrates his extensive background in engineering and business to explore the intersections of technology and society. He earned his B.E. in Electronics and Instrumentation Engineering from BITS-Pilani, India, followed by an M.S. and Ph.D. in Electrical and Systems Engineering from the University of Pennsylvania, where he collaborated with faculty from both engineering and the Wharton School. His multidisciplinary research focuses on Internet economics, communication systems, and social networks, employing advanced quantitative methods to analyze complex data sets. Dr. Sen's work has garnered recognition in top academic journals and media outlets like The Wall Street Journal and MIT Technology Review. He has received numerous accolades, including the INFORMS ISS Design Science Award and the IEEE INFOCOM Best Paper Award. As the founder of the Smart Data Pricing Forum, he promotes collaboration between academia and industry on Internet pricing research. Additionally, he co-founded DataMi, a startup providing innovative Internet pricing solutions for telecom providers. Dr. Sen's commitment to education is reflected in his leadership roles within various academic programs, where he continues to inspire students through his research and teaching initiatives.

Optimization for Decision Making

This course includes

13 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

Free course

Testimonials

Testimonials and success stories are a testament to the quality of this program and its impact on your career and learning journey. Be the first to help others make an informed decision by sharing your review of the course.

4.8 course rating

66 ratings

Frequently asked questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.