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Operations Research, Systems Engineering and Industrial Engineering Commons

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2004

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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering

Teaching Decision Making With Baseball Examples, J. Eric Bickel Jan 2004

Teaching Decision Making With Baseball Examples, J. Eric Bickel

Eric Bickel

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.