Decision Analysis in Agribusiness

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Course Code: 
ABM 7102
Course Credit Units: 
Semester 1
Year of Study: 
Year 1
Undergraduate or Graduate Level: 
Graduate Level
Course Discipline: 
Course Description & Objectives: 

 Introduction: types of agribusiness decisions, quantitative tools used in decision making, decision making process, quick review of calculus. Unconstrained Optimization: univariate case, multivariate case, first order conditions, second order conditions, and Hessian Matrix. Constrained Optimization: general formulation, optimization with equality constraints, lagrange method, optimization with inequality constraints, Kuhn-Tucker conditions, and bordered Hessian Matrix. Linear Programming: general formulation, LP standard form, and the graphical solution method. 

Decision Analysis in Agribusiness
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