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Course Description |
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Course Name |
: |
Management Science 2 |
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Course Code |
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EM 303 |
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Course Type |
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Optional |
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Level of Course |
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First Cycle |
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Year of Study |
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3 |
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Course Semester |
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Fall (16 Weeks) |
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ECTS |
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5 |
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Name of Lecturer(s) |
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Asst.Prof.Dr. MERTDEMİRCİOĞLU |
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Learning Outcomes of the Course |
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Solve business problems by using decision making techniques Explain how to create a mathematical model and how to solve this model, control the solution and the model. Provide supports for the optimal decision by using management science methods.
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Mode of Delivery |
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Face-to-Face |
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Prerequisites and Co-Prerequisites |
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None |
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Recommended Optional Programme Components |
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None |
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Aim(s) of Course |
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Learning the methodology and various techniques of operations research and finding optimal solutions to problems: Integer Programming, Dynamic Programming, Decision Theory, Queuing Theory and Game Theory Problems. |
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Course Contents |
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Integer Programming, Dynamic Programming, Decision Theory, Queuing Theory and Game Theory |
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Language of Instruction |
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Turkish |
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Work Place |
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Bloc 3 |
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Course Outline /Schedule (Weekly) Planned Learning Activities |
| Week | Subject | Student's Preliminary Work | Learning Activities and Teaching Methods |
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1 |
Introduction to Management Science 2 subjects |
Reading the given materials |
Presentation and Discussion |
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2 |
Introduction to Integer Programming |
Reading the given materials |
Presentation and Discussion |
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3 |
Integer Programming |
Reading the given materials |
Presentation and Discussion |
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4 |
Solutions of Integer Programming problems |
Reading the given materials |
Presentation and Discussion |
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5 |
Introduction to Dynamic Programming |
Reading the given materials |
Presentation and Discussion |
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6 |
Dynamic Programming |
Reading the given materials |
Presentation and Discussion |
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7 |
Solutions of Dynamic Programming problems |
Reading the given materials |
Presentation and Discussion |
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8 |
Mid-term Exam |
Exam Preparation |
Essay Exam |
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9 |
Decision Analysis |
Reading the given materials |
Presentation and Discussion |
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10 |
Decision Analysis Techniques and problems |
Reading the given materials |
Presentation and Discussion |
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11 |
Introduction to Queuing Theory |
Reading the given materials |
Presentation and Discussion |
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12 |
Solutions of Queuing Theory problems |
Reading the given materials |
Presentation and Discussion |
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13 |
Introduction to Game Theory |
Reading the given materials |
Presentation and Discussion |
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14 |
Solutions of Game Theory problems |
Reading the given materials |
Presentation and Discussion |
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15 |
Reassessment of all subjects and problems |
Reading the given materials |
Presentation and Discussion |
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16/17 |
Final Exam |
Exam Preparation |
Essay Exam |
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Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
1. Operations Research Applications and Algorithms, Winston, USA
2. Introduction to Operations Research, Hillier and Lieberman, USA
3. Operations Research, Taha, USA
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| Required Course Material(s) |
4. Management Science, Taylor, USA
5. Management Science, Render and Stair, USA
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Assessment Methods and Assessment Criteria |
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Semester/Year Assessments |
Number |
Contribution Percentage |
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Mid-term Exams (Written, Oral, etc.) |
1 |
60 |
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Homeworks/Projects/Others |
0 |
40 |
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Total |
100 |
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Rate of Semester/Year Assessments to Success |
40 |
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Final Assessments
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100 |
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Rate of Final Assessments to Success
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60 |
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Total |
100 |
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| Contribution of the Course to Key Learning Outcomes |
| # | Key Learning Outcome | Contribution* |
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1 |
Use the basic enterprise resource planning (ERP) softwares |
0 |
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2 |
List and define the concepts of business management, and explain their relations to each other |
5 |
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3 |
List and define the fundamental conceptual models, numerical and statistical techniques of business administartion and identify their advantages and disadvantages. |
5 |
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4 |
List and define the relationship between the basic concepts of economy and business management ; indicate the strong and weak sides of each method. |
5 |
|
5 |
Explain how to create the fundamental conceptual models and how to apply numerical and statistical techniques that are used in business administration. |
5 |
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6 |
Explain how to interpret the results gathered through the application and/or implementation of conceptual models and/or numerical and statistical methods of business management. |
5 |
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7 |
Determine appropriate methods to solve business problems |
5 |
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8 |
Evaluate the results that are obtained from applications of business management methods |
3 |
|
9 |
Use the basic numerical and statistical softwares |
5 |
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10 |
Follow latest developments in the field, and sustain personal and professional development with the awareness of the necessity of life long learning |
2 |
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11 |
Use different resources in accordance with academic principles, synthesize the data gathered, and present them effectively in an unfamiliar field. |
4 |
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12 |
Use Turkish and at least one foreign language in accordance with the requirements in academic and business context |
3 |
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13 |
Perceive and interpret the feelings, ideas and behaviours of people appropriately, and express himself/herself accurately in written or oral format |
2 |
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14 |
Question traditional approaches, methods and implementations; develop and implement alternative methods when required |
5 |
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15 |
Recognize and apply social, scientific and professional ethical values. |
4 |
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16 |
Determine the most appropriate approaches, implementations and methods of business management considering sectors, their sizes, resources, cultures, goals and objectives |
3 |
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17 |
Monitor external factors such as industrial structures, competition, technologies, economics, politics, cultures that affects the activities of businesses and interpret their impact on businesses |
3 |
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18 |
Take initiative individually or/and as a member of a team, lead and work effectively |
3 |
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19 |
As well as professional development, improve him-/herself continuously in scientific, social, cultural and artistic fields according to his/her interests and abilities, identifying needs of learning. |
0 |
| * Contribution levels are between 0 (not) and 5 (maximum). |
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| Student Workload - ECTS |
| Works | Number | Time (Hour) | Total Workload (Hour) |
| Course Related Works |
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Class Time (Exam weeks are excluded) |
14 |
3 |
42 |
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Out of Class Study (Preliminary Work, Practice) |
14 |
4 |
56 |
| Assesment Related Works |
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Homeworks, Projects, Others |
0 |
0 |
0 |
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Mid-term Exams (Written, Oral, etc.) |
1 |
15 |
15 |
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Final Exam |
1 |
15 |
15 |
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Total Workload: | 128 |
| Total Workload / 25 (h): | 5.12 |
| ECTS Credit: | 5 |
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