AGEC 35200 - Quantitative Techniques For Firm Decision Making

Introduction to mathematical programming and computing as an aid to agricultural decision making by firms, linear programming, game theory and strategy, simulation, the waiting-line problem, the equipment replacement decision, and multiproduct scheduling methods.

Cr. 3.
Notes
Students register for AGR 35200 at Purdue Fort Wayne, but will take AGEC 35200 online through Purdue West Lafayette.
Student Learning Outcomes
1. Manipulate and use spreadsheets.
2. Formulate linear programming problems.
3. Solve linear programming problems in Excel.
4. Interpret results obtained from linear programming models.
5. Present and explain linear programming results.
6. Understand graphically the concept of optimality in a linear program.
7. Understand the properties of optimal linear programming solutions.
8. Recognize and demonstrate instances where linear programming and simulation modeling might be valuable.