Article ID: | iaor20061318 |
Country: | United States |
Volume: | 5 |
Issue: | 1 |
Publication Date: | Jan 2004 |
Journal: | INFORMS Transactions on Education |
Authors: | Bickel J. Eric |
Keywords: | education in OR |
Sports examples can be wonderful vehicles for teaching OR/MS concepts. Baseball is particularly well suited to teaching statistics/probability, Markov decision processes, and decision analysis. This paper details a baseball example I developed to teach fundamental decision making skills. This example has been used successfully to teach decision making to undergraduates and graduates in technical and non-technical disciplines. It has also been used effectively in industry for training new MBAs and seasoned executives.