Postgraduate Certificate in Decision Modelling for Engineers
-- ViewingNowThe Postgraduate Certificate in Decision Modelling for Engineers is a comprehensive course designed to enhance the decision-making skills of engineering professionals. This certificate program is crucial for learners looking to advance their careers, as it equips them with the latest tools and techniques for data-driven decision making.
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โข Unit 1: Introduction to Decision Modelling โ Fundamentals of decision modelling, decision modelling concepts, decision modelling techniques.
โข Unit 2: Mathematical Optimization โ Linear programming, integer programming, nonlinear programming, optimization algorithms.
โข Unit 3: Probability and Statistics โ Probability distributions, statistical inference, hypothesis testing, regression analysis.
โข Unit 4: Stochastic Processes โ Markov chains, Poisson processes, renewal theory, queuing theory.
โข Unit 5: Simulation and Risk Analysis โ Monte Carlo simulation, discrete event simulation, sensitivity analysis, value at risk.
โข Unit 6: Decision Analysis and Decision Theory โ Expected utility theory, decision trees, influence diagrams, multi-criteria decision making.
โข Unit 7: Game Theory โ Strategic form games, extensive form games, Nash equilibrium, repeated games.
โข Unit 8: Machine Learning for Decision Modelling โ Supervised learning, unsupervised learning, reinforcement learning, deep learning.
Please note that the exact content and focus of the postgraduate certificate may vary depending on the institution offering the course. The above list is intended to provide a general overview of the types of units that may be included.
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