DeGroote School of Business

Course Description

O715 - Simulation for Business Analytics

Simulation is an analytics tool that can help businesses take the right decisions in the face of uncertainty. The McKinsey Global Institute has identified simulation as one of the essential techniques for analysing big data. This course teaches students how to develop and use simulation models of real or conceptual systems using MS Excel and Analytic Solver Platform. Examples of applications can include determining optimal supply chain locations, inventory stocking policies, demand prediction, workforce allocation and scheduling, waiting lines in health care facilities and financial planning.

  • Prerequisite: Q600 OR I602 and I603

Course Offerings

Winter 2025

Code Section Outline
O715 C01

Winter 2024

Code Section Outline
O715 E C01 Outline

Winter 2023

Code Section Outline
O715 E CO1 Outline

Winter 2022

Code Section Outline
O715 E C01 Outline

Winter 2021

Code Section Outline
O715 C02 Outline
O715E C01 Outline

Winter 2020

Code Section Outline
O715E C01

Course Offerings Archive Submission Form

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