Data-Driven Decision Making
Estimated Time: 15 hours
$249.00
Earn 24 Points for Completing
UPDATED 2024: Data Drive Decision Making is all about big-picture effectiveness. And by learning the concepts, methods and tools for the application of logical and quantitative analysis for business problem solving, you will be able to effectively and efficiently analyze strategic choices. Alongside Janis, an employee at Central Products, you will be introduced to a wide range of resources related to decision and problem analysis, including optimization, probabilities, break even analysis and even transportation problems. Course Type: Business Simulation. Worth 24 PDCs (SHRM) and 20 CEUs (HRCI Business Credits).
Credits
24 PDCs
22 CEUs
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 22 credits toward aPHR™, PHR™, PHRca™, SPHR™, GPHR™, PHRi™, and SPHRi™ recertification.