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Searched for: "15.071" Subjects offered any term 1 subject found.
15.071 The Analytics Edge
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Prereq: 15.053 or 15.060
Units: 4-0-8
Credit cannot also be received for 15.0711
Lecture: MW1-2.30 (E51-345) or MW2.30-4 (E51-345) or MW4-5.30 (E51-315) Recitation: F1 (E51-345) or F3 (E51-345) or F12 (E51-315) or F2 (E51-345)
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 15.0711 when offered concurrently. Expectations and evaluation criteria differ for students taking graduate version; consult syllabus or instructor for specific details.
Fall: R. Freund, D. Bertsimas
Spring: R. Freund, D. Bertsimas
Textbooks (Spring 2018)
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