| Course Description |
|
| Course Name |
: |
Quantitative Decision Making Techniques |
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| Course Code |
: |
EMG24 704 |
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| Course Type |
: |
Compulsory |
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| Level of Course |
: |
Second Cycle |
|
| Year of Study |
: |
1 |
|
| Course Semester |
: |
Spring (16 Weeks) |
|
| ECTS |
: |
5 |
|
| Name of Lecturer(s) |
: |
Prof.Dr. ERKUT DÜZAKIN
|
|
| Learning Outcomes of the Course |
: |
To understand which problems are linear programming problems or not.
To define the linear programming problems and build the model.
To solve the linear programming model and use its solutions to make comment about business applications.
To distinguish between transportation and assignment problems and to solve and evaluate the solutions.
To be able to use MS Excel Solver to reach solutions of quantitative decision making problems.
|
|
| Mode of Delivery |
: |
Distant |
|
| Prerequisites and Co-Prerequisites |
: |
None |
|
| Recommended Optional Programme Components |
: |
None |
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| Aim(s) of Course |
: |
This course aims to be able to solve managerial problems with operation researchs techniques. |
|
| Course Contents |
: |
This course starts with the fundamentals of management science and it continues what linear programming,transportation and assignment problems are and how to reach solutions of business problems by applying these techiques. |
|
| Language of Instruction |
: |
Turkish |
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| Work Place |
: |
Online |
|
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Course Outline /Schedule (Weekly) Planned Learning Activities |
| Week | Subject | Student's Preliminary Work | Learning Activities and Teaching Methods |
|
1 |
Fundamentals of Management Science |
Reading the given materials |
Presentation and Discussion |
|
2 |
Introduction to Linear Programming, Problems and Mathematical Formulation |
Reading the given materials |
Presentation and Discussion |
|
3 |
Linear Programming examples continue |
Reading the given materials |
Presentation and Discussion |
|
4 |
Graphical Solution of Linear Programming |
Reading the given materials |
Presentation and Discussion |
|
5 |
Simplex Method |
Reading the given materials |
Presentation and Discussion |
|
6 |
Simplex Method part continues |
Reading the given materials |
Presentation and Discussion |
|
7 |
Unusual Circumstances of Linear Programming |
Reading the given materials |
Presentation and Discussion |
|
8 |
Midterm Exam |
Exam Preparation |
Exam Preparation |
|
9 |
Duality and Sensivity Analysis |
Reading the given materials |
Presentation and Discussion |
|
10 |
Transportation Models |
Reading the given materials |
Presentation and Discussion |
|
11 |
Unusual Circumstances of Transportations Model |
Reading the given materials |
Presentation and Discussion |
|
12 |
Introduciton to Mathematical Programming |
Reading the given materials |
Presentation and Discussion |
|
13 |
Project Management |
Reading the given materials |
Presentation and Discussion |
|
14 |
Project Management part continues |
Reading the given materials |
Presentation and Discussion |
|
15 |
Project Management part continues |
Reading the given materials |
Presentation and Discussion |
|
16/17 |
Final Exam |
Exam Preparation |
Exam Preparation |
|
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| Contribution of the Course to Key Learning Outcomes |
| # | Key Learning Outcome | Contribution* |
|
1 |
Can explain how to create the basic theoretical models of business and new management in literature and how to implement numarical and statistics methods. |
5 |
|
2 |
Have ability to explaine and interpret the data which is obtained as a result of constitution/ application of theoretical models of business management |
5 |
|
3 |
Have the ability to list, describe and explain the relationship between the terms which blong to financial management, accounting management, production management, marketing management, management organization and numerical methods. |
5 |
|
4 |
Have ability to list,describe the basic theoretical models of business administration, and explain the aim of usage of the models; indicate the strenghts and weaknesses parts of each model and/or methods |
5 |
|
5 |
can determine the appropriate methods to solve the problems faced by the company. |
5 |
|
6 |
Can implement business management methods through following the fundamental steps. |
5 |
|
7 |
Can use the basic techniques of financial analysis to achieving the best result. |
5 |
|
8 |
Can take responsibility as an indivicual and/or as a part of a team, can lead and work effectively. |
3 |
|
9 |
In recognition of the need for lifelong learning and continuous self-renewal tracking the latest developments in the field of business administration. |
3 |
|
10 |
Have ability to use of different sources under the rules of the academic, synthesize the information obtained in a new field of business administration and present effectively
|
5 |
|
11 |
can use Turkish and at least one foreign language in accordance with the requirements of academic life and work life. |
3 |
|
12 |
Have ability to practice and methods of inquiry, if he considers it necessary to develop and implement new ways of working. |
3 |
|
13 |
Have abiliity to research on the science of business administration, to form the basis for the decision-making process. |
5 |
|
14 |
Have ability ro determine the business manaement approaches, application and methods which are appropriate for the business’s sector, growth, resources, culture, goals and aims. |
3 |
| * Contribution levels are between 0 (not) and 5 (maximum). |
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