{"id":930,"date":"2012-06-13T06:27:53","date_gmt":"2012-06-13T14:27:53","guid":{"rendered":"http:\/\/www.woodinnovation.org\/?p=930"},"modified":"2012-06-13T06:27:53","modified_gmt":"2012-06-13T14:27:53","slug":"workshop-quantitative-decision-management","status":"publish","type":"post","link":"https:\/\/sim.sbio.vt.edu\/?p=930","title":{"rendered":"WORKSHOP: Quantitative Decision Management"},"content":{"rendered":"<p>Presented by <em>Henry Quesada<\/em>, Assistant Professor of Business Management and Operations Research, Virginia Tech<\/p>\n<p><strong>Workshop description:<\/strong><\/p>\n<p><a href=\"http:\/\/sim.sbio.vt.edu\/wp-content\/uploads\/2013\/01\/QM-PICTURE.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" title=\"QM PICTURE\" src=\"http:\/\/sim.sbio.vt.edu\/wp-content\/uploads\/2013\/01\/QM-PICTURE.jpg\" alt=\"\" width=\"300\" height=\"224\" \/><\/a>Decision making techniques can be defined as a collection of qualitative and quantitative analytical tools that allows business and process managers to outline and analyze potential scenarios when searching for solutions given a specific problem or situation.<br \/>\nParticipants in this two-day workshop will learn how to use different quantitative tools to build models and integrate computer applications to solve current business and manufacturing problems.<\/p>\n<ul>\n<li><strong>Course outline:<\/strong><br \/>\n\u2022 Basics of decision making<br \/>\n\u2022 Spreadsheet basics<br \/>\n\u2022 Basic statistical concepts<br \/>\n\u2022 Data generation using Montecarlo methods<br \/>\n\u2022 Forecasting<br \/>\n\u2022 Inventory control models<br \/>\n\u2022 Design of experiments<br \/>\n\u2022 Linear programming<br \/>\n\u2022 Queue Analysis<br \/>\n\u2022 Markov Analysis<br \/>\n\u2022 Simulation<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Workshop objectives:<\/strong><br \/>\n\u2022 Understand the basic steps for decision making<br \/>\n\u2022 Understand the main applications of a variety of decision making techniques<br \/>\n\u2022 Learn how to integrate computer applications such as spreadsheets with quantitative decision making tools<br \/>\n\u2022 Understand how to incorporate decision making tools in simulation modeling<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Who should attend:<\/strong><br \/>\n\u2022 Managers who wish to increase their decision making skills by introducing quantitative tools into their work environments<br \/>\n\u2022 Engineers interested in formulating better planning tools for their supply chain management, optimization of manufacturing processes, and general process modeling for continuous improvement<br \/>\n\u2022 Business process engineers in service industries interested in learning quantitative tools to model and optimize processes<br \/>\n\u2022 Marketing researcher looking for proven techniques to analyze marketing data<br \/>\n\u2022 Researchers in need of learning quantitative methods to test ideas and concepts<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Unique value of the workshop:<\/strong><br \/>\n\u2022 Application of the techniques and tools to sample problems to facilitate the learning process<br \/>\n\u2022 Integration of decision making tools with computer applications such as spreadsheets<br \/>\n\u2022 Focus on managerial aspects and less in the mathematical details of the techniques. Participants are required to have basic knowledge of algebra.<br \/>\n\u2022 Participants will develop unique skills to incorporate \u201ceasy to use and implement\u201d decision making tools into their daily activities<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Location and Registration<\/strong><br \/>\nWorkshop is scheduled for October 18-19, 2012 from 8:30 am to 5:00 pm at the Virginia Tech Roanoke Center in Roanoke, VA.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Registration fee<\/strong><br \/>\nWorkshop investment is $400 and includes:<br \/>\n\u2022Certificate of attendance. Ask for CPU credits.<br \/>\n\u2022 Two coffee breaks and one lunch per day<br \/>\n\u2022 Material print outs and spreadsheet templates<\/li>\n<\/ul>\n<p>To register please follow <a href=\"http:\/\/www.cpe.vt.edu\/reg\/qdmw\/\">this link.<\/a>\u00a0For further details or questions please contact Henry Quesada at <a href=\"mailto:quesada@vt.edu\">quesada@vt.edu<\/a>\u00a0or 540 231 0978.<\/p>\n<p><strong>Instructor summary:<\/strong><br \/>\nDr. Henry Quesada works for the Department of Sustainable Biomaterials at Virginia has an expert in business management and operations research. His academic program focuses on process improvement for service and manufacturing firms and he has over 12 years of experience as a consultant and researcher in medical device components, forest products, microelectronic, financial, and telecommunications industry sectors.<\/p>\n<p>If you are a person with a disability and desire any assistive devices, services or other accommodations to participate in this activity, please contact Dr. Henry Quesada at (540) 231 0978 during business hours of 8 a.m. and 5 p.m. to discuss accommodations 5 days prior to the event. TDD number is (800) 828-1120.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Presented by Henry Quesada, Assistant Professor of Business Management and Operations Research, Virginia Tech Workshop description: Decision making techniques can be defined as a collection of qualitative and quantitative analytical tools that allows business and process managers to outline and analyze potential scenarios when searching for solutions given a specific problem or situation. Participants in &hellip; <a href=\"https:\/\/sim.sbio.vt.edu\/?p=930\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;WORKSHOP: Quantitative Decision Management&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,7],"tags":[],"class_list":["post-930","post","type-post","status-publish","format-standard","hentry","category-process-improvement","category-workshops"],"_links":{"self":[{"href":"https:\/\/sim.sbio.vt.edu\/index.php?rest_route=\/wp\/v2\/posts\/930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sim.sbio.vt.edu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sim.sbio.vt.edu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sim.sbio.vt.edu\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sim.sbio.vt.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=930"}],"version-history":[{"count":0,"href":"https:\/\/sim.sbio.vt.edu\/index.php?rest_route=\/wp\/v2\/posts\/930\/revisions"}],"wp:attachment":[{"href":"https:\/\/sim.sbio.vt.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sim.sbio.vt.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sim.sbio.vt.edu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}