Upon course completion, students will be able to:1. Apply Quantitative Analysis and Management Science Techniques to model a variety of Business problems and solve the resulting models using computer software.2. Utilize probability theory to solve quantitative analysis problems.3. Use Decision Theory to construct mathematical models useful in optimizing managerial decisions.4. Utilize moving averages, weighted moving averages, exponential smoothing and regression analysis to develop appropriate forecasting models applying moving averages, exponential smoothing, and time series models.5. Apply inventory planning and control models (e.g., EOQ, ABC Analysis, MRP, and JIT & ERP) to maintain adequate inventory levels with an organization.6. Apply linear programming techniques to model, analyze and solve a variety of managerial Business and Aviation decision making problems.7. Apply the concepts of Project Management, including PERT/CPM, Transportation Models, and Network Models, to calculate the probability of successful completion of a project.8. Solve queuing theory problems from real world industry applications to evaluate cost and effectiveness of service systems.9. Determine the most appropriate management science and model and apply that model to reach optimized results and make a recommendation based on these computations.