Data-Driven Decision Making

$249
Est. Study Time: 20 hours
24 PDCs
20 CEUs

Synopsis

Hone your big-picture effectiveness by learning the concepts, methods and tools for the application of logical and quantitative analysis to business decision-making and problem solving. Let Janis introduce you to a wide range of resources related to decision and problem analysis, including optimization, probabilities, queuing and transportation problems, break even analysis, inventory management, and forecasting. Maybe you'll even help her earn a bonus for her part in Central's next steps!
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Learning Objectives

  • Learn the fundamentals of decision-making and problem-solving, and how logical processes fit into them
  • Gain an understanding of the quantitative methods and tools, as well as the principles of decision analysis
  • Gain an overview of linear programming applications
  • Assess various types of decision situations, including marketing and financial decisions, distribution and network, inventory, and waiting line
  • Learn how forecasting fits into the decision-making process

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SHRM: VTR is recognized by SHRM to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). This program is valid for 24 PDCs. For more information about certification or recertification, please visit shrmcertification.org.

HRCI: VTR is a recognized provider of recertification credits. HR Certification Institute® preapproved this program for 20 credits toward aPHR™, PHR™, PHRca™, SPHR™, GPHR™, PHRi™, and SPHRi™ recertification.