| Course Type | Elective Course |
|---|
| Course Level | Bachelor's Degree |
|---|
| Year of Study | - |
|---|
| Semester | - |
|---|
| ECTS | 5 |
|---|
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Recognize quantitative and qualitative approaches used in problem solving in management science.
- Identify, classify, and model important decision problems for businesses.
- Recognize appropriate solution methods for decision problems and the software to apply these methods.
- Have the ability to apply quantitative techniques for decision-making situations in business and interpret the results.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | None |
|---|
| Course Description | This course examines quantitative methods used in management science. Topics include approaches to decision problems, linear and integer programming models, sensitivity analyses, transportation, and assignment problems. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Introduction to management science, quantitative and qualitative approaches in decision making |
|
2nd Week |
Linear programming: model formulation |
|
3rd Week |
Linear programming: graphical solution |
|
4th Week |
Linear programming: sensitivity analyses |
|
5th Week |
Linear programming: simplex algorithm and its applications |
|
6th Week |
Linear programming: example applications |
|
7th Week |
Integer programming |
|
8th Week |
Midterm exam |
|
9th Week |
Network models |
|
10th Week |
Transportation and assignment problems |
|
11th Week |
Project management: critical path method (CPM) |
|
12th Week |
Project management: program evaluation and review technique (PERT) |
|
13th Week |
Decision analysis |
|
14th Week |
Examples of decision analysis applications |
|
| Recommended or Required Reading | Chapra, S. C., & Canale, R. P. (2021). Numerical methods for engineers (8th ed.). McGraw-Hill. |
|---|
| Planned Learning Activities and Teaching Methods |
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Attendance |
1 |
10 |
| Total(%) |
|
50 |
| Contribution of In-term Studies to Overall Grade(%) |
|
50 |
| Contribution of Final Examination to Overall Grade(%) |
|
50 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
1 |
1 |
| Preparation for Quiz |
|
|
|
| Individual or group work |
14 |
3 |
42 |
| Preparation for Final exam |
1 |
40 |
40 |
| Course hours |
13 |
3 |
39 |
| Preparation for Midterm exam |
1 |
20 |
20 |
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
1 |
1 |
| Homework |
|
|
|
| Total Work Load | 143 |
| Total Work Load / 30 (h) | 4.76 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
|---|
| Work Placement(s) | No |
|---|
