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) Use various linear programming methods to make good decisions. 2) Develop the infrastructure necessary to distinguish the best model appropriate for a specific decision making situation. 3) Develop skills for formulating mathematical models of real life business problems. 4) Use specialized software available to solve the models. 5) Develop skills for interpreting the results of the computer outputs. 6) Demonstrate the ability to approach different kinds of decision making situations analytically. 7) Develop analytical skills in structuring and analysis of business decision problems that display characteristics of linearity.
|
MODE OF DELIVERY | Face to face |
PRE-REQUISITES OF THE COURSE | No |
RECOMMENDED OPTIONAL PROGRAMME COMPONENT | MAND618 MANAGERIAL DECISION MAKING |
COURSE DEFINITION | The field of linear programming aims to solve organizations' problems via mathematical expressions.
This course includes quantifying problems faced by firms and producing optimal solutions for those quantified problems.
mathematical expression
|
COURSE CONTENTS | WEEK | TOPICS |
---|
1st Week | Fundamentals of Linear Programming | 2nd Week | Formulating the Linear Programming Models: Business Applicatiions | 3rd Week | Solving the Linear Programming Problems: Graphical and Computer Methods | 4th Week | Spacial Types of Linear Programming Problems | 5th Week | Sensitivity Analysis of the Objective Function Coefficients, Ranges of Optimality and Reduced Costs | 6th Week | Sensitivity Analysis of the Right-Hand Side Values (Shadow Prices) and Ranges of Validity | 7th Week | Use of Sensitivity Analysis in Decision Making with Managerial Applications | 8th Week | Midterm | 9th Week | Network Flow Formulations (the Transportation, the Transshipment and Assignment Models) | 10th Week | Network Flow Formulations (the Maximum Flow, Minimum Spanning Tree, Shortest Route, Traveling Salesman Models) | 11th Week | Goal Programming Formulations | 12th Week | Integer Linear Programming Formulations with General Integer Variables | 13th Week | Integer Linear Programming Formulations with Binary Decision Variables | 14th Week | Business Applications |
|
RECOMENDED OR REQUIRED READING | Taylor, Bernard W. 2012. Introduction to Management Science, 11.thed., Pearson. |
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 | 2 | 8 | 16 | Individual or group work | 13 | 6 | 78 | Preparation for Final exam | 1 | 170 | 170 | Course hours | 14 | 3 | 42 | Preparation for Midterm exam | 1 | 80 | 80 | Laboratory (including preparation) | 1 | 40 | 40 | Final exam | 1 | 2 | 2 | Homework | 4 | 4 | 16 | Article | | | | Total Workload | | | 446 |
---|
Total Workload / 30 | | | 14,86 |
---|
ECTS Credits of the Course | | | 15 |
|
LANGUAGE OF INSTRUCTION | Turkish |
WORK PLACEMENT(S) | No |
| |