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  Course Description
Course Name : Operations Research 2

Course Code : EM 318

Course Type : Compulsory

Level of Course : First Cycle

Year of Study : 3

Course Semester : Spring (16 Weeks)

ECTS : 3

Name of Lecturer(s) : Assoc.Prof.Dr. S.BİLGİN KILIÇ
Asst.Prof.Dr. SEMİN PAKSOY

Learning Outcomes of the Course : Gives ability to use quantitative techniques in decision-making process; problem definition, model building and solving
Gives ability of analytical thinking
Gives the ability of scientific decision-making

Mode of Delivery : Face-to-Face

Prerequisites and Co-Prerequisites : None

Recommended Optional Programme Components : None

Aim(s) of Course : Ojective of the course is to give the capability of using quantitative techniques for decision making; problem identification, model building and solving

Course Contents : Deterministic inventory models, stochastic inventory models, basic probability distributions (normal, binomial and Poisson distributions), single-channel and multi-channel queuing systems, deterministic dynamic programming, Markov chains, decision analysis and game theory, model building with simulation, classical optimization problems, uconstrained problems, constrained problems, non-linear programming algorithms, quadratic programming

Language of Instruction : Turkish

Work Place : Theoretical courses will be made in classrooms, computer labs will be used for application


  Course Outline /Schedule (Weekly) Planned Learning Activities
Week Subject Student's Preliminary Work Learning Activities and Teaching Methods
1 Deterministic inventory models Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
2 Stochastic inventory models Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
3 Basic probability distributions (normal, binomial and Poisson distributions) Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
4 Single-channel and multi-channel queuing systems Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
5 Deterministic dynamic programming Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
6 Modelin with Markov chains Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
7 Decision analysis and game theory Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
8 Midterm examination
9 Model building with simulation Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
10 Classical optimization problems Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
11 Unconstrained problems Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
12 Constrained problems Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
13 Non-linear programming algorithms Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
14 Gradyan decent algorithm Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
15 Quadratic programming Students will be prepared by studying relevant subjects from source books according to the weekly program The theoretical issues discussed in classrooms and the application of problem solving will be made in the computer lab
16/17 Final examination


  Required Course Resources
Resource Type Resource Name
Recommended Course Material(s)  Operations Research, Hamdy A. Taha
 Operations Research: Applications and Algorithms; Wayne L. Winston
 Yöneylem Araştırması, Ahmet Öztürk
Required Course Material(s)


  Assessment Methods and Assessment Criteria
Semester/Year Assessments Number Contribution Percentage
    Mid-term Exams (Written, Oral, etc.) 1 80
    Homeworks/Projects/Others 1 20
Total 100
Rate of Semester/Year Assessments to Success 40
 
Final Assessments 100
Rate of Final Assessments to Success 60
Total 100

  Contribution of the Course to Key Learning Outcomes
# Key Learning Outcome Contribution*
1 Models problems with Mathematics, Statistics, and Econometrics 5
2 Explains Econometric concepts 4
3 Estimates the model consistently and analyzes & interprets its results 5
4 Acquires basic Mathematics, Statistics and Operation Research concepts 5
5 Equipped with the foundations of Economics, and develops Economic models 4
6 Describes the necessary concepts of Business 3
7 Acquires the ability to analyze, benchmark, evaluate and interpret at conceptual levels to develop solutions to problems 5
8 Collects, edits, and analyzes data 4
9 Uses a package program of Econometrics, Statistics, and Operation Research 5
10 Effectively works, take responsibility, and the leadership individually or as a member of a team 2
11 Awareness towards life-long learning and follow-up of the new information and knowledge in the field of study 2
12 Develops the ability of using different resources in the form of academic rules, synthesis the information gathered, and effective presentation in an area which has not been studied 4
13 Uses Turkish and at least one other foreign language, academically and in the business context 2
14 Good understanding, interpretation, efficient written and oral expression of the people involved 2
15 Questions traditional approaches and their implementation while developing alternative study programs when required 2
16 Recognizes and implements social, scientific, and professional ethic values 4
17 Follows actuality, and interprets the data about economic and social events 4
18 Improves himself/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development 4
* Contribution levels are between 0 (not) and 5 (maximum).

  Student Workload - ECTS
Works Number Time (Hour) Total Workload (Hour)
Course Related Works
    Class Time (Exam weeks are excluded) 14 3 42
    Out of Class Study (Preliminary Work, Practice) 14 3 42
Assesment Related Works
    Homeworks, Projects, Others 1 1 1
    Mid-term Exams (Written, Oral, etc.) 1 1 1
    Final Exam 1 1 1
Total Workload: 87
Total Workload / 25 (h): 3.48
ECTS Credit: 3