Quantitative Methods at Krannert
The area of Quantitative Methods is a broad, interdisciplinary field of study concerned with issues arise in managerial decision making. Research in quantitative methods involves topics in both applied optimization and statistical modeling and analysis.
Applied optimization explores resource allocation issues that frequently arise in telecommunication and transportation networks, and manufacturing and distribution systems.
Statistical modeling and analysis address managerial problems in which randomness or uncertainty complicates the decision environment.
The area’s faculty has established distinguished research records in manufacturing, quality control/management, decision analysis, and mathematical programming. The current research initiatives include e-learning, e-commerce, data mining, and supply chain management.