Excerpt from course description

Decision Optimasation using Excel


Complete course description will be ready summer 2021.

This course covers the required quantitative methods in order to evaluate what an optimal decision is. Practical examples ranging from finance to marketing to logistics will be used to expose students to a set of decision making tools.


The goal is to learn the quantitative METHODS and the main point of using the examples will be to learn the methods, not to learn about the context in which the methods are used.

Course content

  • Linear programming
  • Non-linear programming
  • Integer programming
  • Queueing models,
  • Simple simulation models
  • Optimisation models (demand forecasting, inventory planning, facility location, etc…)
  • Excel for decision making


This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.