TYPE OF COURSE UNIT	Elective Course
LEVEL OF COURSE UNIT	Doctorate Of Science
YEAR OF STUDY	-
SEMESTER	-
NUMBER OF ECTS CREDITS ALLOCATED	15
NAME OF LECTURER(S)	-
LEARNING OUTCOMES OF THE COURSE UNIT	At the end of this course, the students; 1) Gain knowledge about scientific decision making process. 2) Get the qualifications necessary to choose the most suitable quantitative method that will enable him/her to make the best decision when encountered with a specific managerial decision problem. 3) Gain knowledge about qualitative and group decision techniques besides the quantitative methods. 4) Develop analytical skills in structuring and analysis of business decision problems. 5) Gain knowledge about decision traps.
MODE OF DELIVERY	Face to face
PRE-REQUISITES OF THE COURSE	No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT	MAND635 ORGANIZATION AND MANAGEMENT THEORIES
COURSE DEFINITION	This lesson explains how managers use quantitative methods to make decisions. In scope of this course students will learn giving optimal decision by evaluating scientific data.
COURSE CONTENTS	WEEK TOPICS 1st Week Decision Making, Types of Decisions and the Decision Process 2nd Week Quantitative And Qualitative Decision Analysis 3rd Week Techniques for Decision Making Under Conditions of Certainty 4th Week Techniques for Decision Making Under Conditions of Uncertainty 5th Week Techniques for Decision Making Under Conditions of Risk: Expected Value, Expected Opportunity Loss, Expected Value of Perfect Information 6th Week Techniques for Decision Making Under Conditions of Risk: Decision Trees 7th Week Decision Trees: Bayes Teorem, Expected Value of Sample Information 8th Week Midterm 9th Week Utility Theory 10th Week Decision Support Systems 11th Week Multicriteria Decision Making: Characteristics and Techniques: Goal Programming, TOPSIS 12th Week Multicriteria Decision Making: Characteristics and Techniques: Analytical Hierarchy Process, Analytical Network Process 13th Week Applying Simulation to Decision Problems 14th Week Group Decisions and Group Decision Methods
RECOMENDED OR REQUIRED READING	Anderson, D. R., D. J. Sweeney ve T. W. Williams. 2004. An Introduction to Management Science: Quantitative Approaches to Decision Making. 11th ed., South Western College Publishing. Goodwin, P. and G. Wright. 2009. Decision Analysis for Management Judgement, 4th edition, Wiley
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS	Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA	Quantity Percentage(%) Mid-term 1 30 Quiz 1 20 Total(%) 50 Contribution of In-term Studies to Overall Grade(%) 50 Contribution of Final Examination to Overall Grade(%) 50 Total(%) 100
ECTS WORKLOAD	Activities Number Hours Workload Midterm exam 1 2 2 Preparation for Quiz Individual or group work 13 8 104 Preparation for Final exam 1 72 72 Course hours 14 3 42 Preparation for Midterm exam 1 36 36 Laboratory (including preparation) 1 36 36 Final exam 1 3 3 Homework 4 3 12 Total Workload 307 Total Workload / 30 10,23 ECTS Credits of the Course 15
LANGUAGE OF INSTRUCTION	Turkish
WORK PLACEMENT(S)	No