Develop skills for analyzing and interpreting the results of the computer output in order to recommend appropriate courses of action.
At the end of this course the student will demonstrate the ability to approach different kinds of decision making situations analytically and interpret the results obtained by various quantitative techniques.
Learn, through case studies, the applications of Management Science to find solutions to real life business problems including those in global environment
Develop analytical skills in structuring and analysis (scientific method) of business decision problems which characterize the field of Management Science.
Develop the infrastructure necessary to distinguish the best model appropriate for a specific decision making situation and develop skills for formulating mathematical models of real life business problems.
Mode of Delivery
Face to face
Prerequisites
No
Recommended Optional Programme Components
None
Course Description
In this course, it is planning to stay on topics such as mathematical modelling of marketing problems. Solution methods related with product, price, place and promotion problems will be examined.
Course Contents
WEEK
TOPICS
1st Week
Linear Programming: Model Formulation
2nd Week
Linear Programming: Graphical Solution
3rd Week
Linear Programming:Sensitivity Analysis of Objective Function Values
4th Week
Linear Programming Computer Applications
5th Week
Transportation Problem
6th Week
Assignment Problem
7th Week
Integer Linear Programming
8th Week
Midterm Exam
9th Week
Decision Analysis
10th Week
Network Modeling
11th Week
Project Management
12th Week
Queueing Modeling
13th Week
Simulation
14th Week
Computer Applications of Queueing Theory and Simulation
15th Week
General Review
Recommended or Required Reading
Anderson, D. R., D. J. Sweeney ve T. W. Williams. 2000. In Introduction to Management Science: Quantitative Approaches to Decision Making. South Western Collage Publishing.
Planned Learning Activities and Teaching Methods
Problem Solving
Lecture
Assessment Methods and Criteria
Quantity
Percentage (%)
Mid-term
1
40
Total(%)
40
Contribution of In-term Studies to Overall Grade(%)
40
Contribution of Final Examination to Overall Grade(%)