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Gus Greivel; Alexandra Newman; Maxwell Brown; Kelly Eurek – INFORMS Transactions on Education, 2024
Industrial-scale models require considerable setup time; hence, once built, they are used in myriad ways to consider closely related cases. In practice, the code for these models frequently evolves without appropriate notational choices, largely as a result of the lengthy development time of, and the number of individuals contributing to, their…
Descriptors: Models, Best Practices, Mathematical Concepts, Energy
Mark W. Isken – INFORMS Transactions on Education, 2025
A staple of many spreadsheet-based management science courses is the use of Excel for activities such as model building, sensitivity analysis, goal seeking, and Monte-Carlo simulation. What might those things look like if carried out using Python? We describe a teaching module in which Python is used to do typical Excel-based modeling and…
Descriptors: Spreadsheets, Models, Programming Languages, Monte Carlo Methods
Adam Diamant – INFORMS Transactions on Education, 2024
Managers are increasingly being tasked with overseeing data-driven projects that incorporate prescriptive and predictive models. Furthermore, basic knowledge of the data analytics pipeline is a fundamental requirement in many modern organizations. Given the central importance of analytics in today's business environment, there is a growing demand…
Descriptors: Business Administration Education, Graduate Students, Prediction, Mathematical Concepts
Alderson, David L. – INFORMS Transactions on Education, 2022
This article describes the motivation and design for introductory coursework in computation aimed at midcareer professionals who desire to work in data science and analytics but who have little or no background in programming. In particular, we describe how we use modern interactive computing platforms to accelerate the learning of our students…
Descriptors: Curriculum Design, Introductory Courses, Computation, Data Science
Huse, Collin; Brusco, Michael J. – INFORMS Transactions on Education, 2021
Problems associated with time-cost trade-offs in project networks, which are commonly referred to as crashing problems, date back nearly 60 years. Many prominent management science textbooks provide a traditional linear programming (LP) formulation for a classic project crashing problem, in which the time-cost trade-off for each activity is…
Descriptors: Programming, Computer Science Education, Decision Making, Time Management