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ETM 5143 - Strategic Decision Analysis for Engineering and Technology Managers
Three (3) hours. Prerequisite(s): Admission to MSETM program or consent of instructor. Introduction to analytical concepts and procedures engineering and technology managers can use to strategically allocate resources to achieve business objectives. Strengths and weaknesses of alternative analytical procedures to evaluate alternative resource allocation decisions are outlined. Theoretical foundations, data requirements, application and strengths and weaknesses of cost-benefit analysis techniques when making strategic management decisions are evaluated.
This is a REQUIRED course for all MSETM students and can be used as an elective for CETM students. This course should be taken any time during a student’s program but preferably before and not concurrent with ETM 5133. (Note that to earn a formal certificate a separate application is required – See https://etm.okstate.edu/certificate ).
- Goldratt, Eliyahu M. and Jeff Cox. THE GOAL: A PROCESS OF ONGOING IMPROVEMENT. 4th Ed., The North River Press Publishing Corporation, Great Barrington, MA., 2014.
- Fields, Edward. The Essentials of Finance and Accounting for Nonfinancial Managers. 3rd Ed., AMACOM, American Management Association, New York, 2011.
- Kennedy, Peter. A Guide to Econometrics. 6th Ed. Wiley-Blackwell, 2008
Dr. Dan Tilley