INTERNATIONAL TRADE AND BUSINESS
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

Course Introduction and Application Information

Course Code	Course Name	Semester	Theoretical	Practical	Credit	ECTS
BA3464	Management Science	Fall	3	0	3	6

This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction:	English
Type of course:	Departmental Elective
Course Level:	Bachelor’s Degree (First Cycle)
Mode of Delivery:	Face to face
Course Coordinator :	Prof. Dr. YAVUZ GÜNALAY
Course Lecturer(s):	Prof. Dr. YAVUZ GÜNALAY Assist. Prof. LEVENT AKSOY
Recommended Optional Program Components:	Web sites on Introduction to Excel, and Solver plug-in.
Course Objectives:	This is an introductory course on Operations Research topic, which is an interdisciplinary approach to complex problems using applied mathematical tools. Operations Research (OR) and Management Science (MS) are often used synonymously. In this course we will specifically concentrate on business and logistics problems and emphasize the importance of modeling. In lab sessions students are helped to create mathematical models of business problems using spreadsheet programs. Students will also be introduced to basic OR techniques, such as linear programming, graph theory, multi-criteria decision making, and simulation. The course is application oriented, and improves students’ computer skills by allowing them to use spreadsheet programs (e.g., MS Excel, Openoffice Calculator, etc.) in modeling practices.

Learning Outcomes

The students who have succeeded in this course;
At the end of the course, you will:
1. Undersanding the principles of management science and how it applies to logistics operations;
2. Apply quantitative methods to decision making and problem solving in logistic problems;
3. Use software tools to solve linear programming problems;
4. Be able to analyze and evaluate results of optimization models in logistics;
5. Apply optimization techniques tp real-world logistics problems, including facility location, transportation routing and inventory management.

Course Content

The teaching methods of the course are Reading, Technology-Enhanced Learning, Individual Study.
Description of Operations Research and modeling are introduced. Topics that are discussed include: Deterministic models such as Linear Programing, Integer Programming, Multi-criteria programming, and Probabilistic modeling tools, simulation and queueing.

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	Orientation Course Review Expectations
2)	What is modelling?	Chp 1
3)	Linear Programming Models	Chp 2
4)	Using computer to solve LP models	Chp 3
5)	LP models used in different problems	Chp 4
6)	Integer Programming Models	Chp 5
7)	Network Models	Chp 7
8)	Midterm Exam
9)	Supply Chain Models	Chp 6
10)	Transportation Models	Chp 6
11)	Multi – criteria Decision Models	Chp 9
12)	Probabilistic Models	Chp 11
13)	Simulation	Chp 14
14)	Inventory Models	Chp 16 and notes

Sources

Course Notes / Textbooks:

Textbook/Ders kitabı:
Taylor B.W., Introduction to Management Science, 12th or 13th Ed Pearson 2018 (Available e.g., at www.akademikitabevi.com or www.caglayan.com)
There are several other books that cover the subject (some of these are)/Konuyu ele alan birkaç kitap daha var (bunlardan bazıları şunlardır):
Textbook/Ders kitabı:
-Winston & Albright, Practical Management Science, 5th Ed Cengage, 2016.
-Render B., Stair R. M., Hanna M.E., Quantative Analysis for Management, 9th Edition, Prentice Hall, 2006.
-Moore JH, Weatherford LR, Decision Modeling with Microsoft Excel, 6th edition, Prentice Hall, 2001.
-Hillier, FS and Hillier, MS 2008. Introduction to Management Science: A Modeling and Case Studies Approach with Spreadsheets, 3rd Ed., McGraw Hill.
-Powell S. G., Baker K. R., Management Science: The art of modeling with spreadsheets, 2nd ed. Wiley, 2009.
-Williams T., Management Science in Practice, Wiley, 2008.

Some of the more advanced books in the subject are/Konuyla ilgili daha ileri düzeydeki kitaplardan bazıları şunlardır:
-Anderson, Sweeney, and Williams, An Introduction to MANAGEMENT SCIENCE, Thompson-South Western, 2003.
-Hillier FS, Lieberman GJ, Introduction to Operations Research, 7th edition, McGraw-Hill, 2001.
-Winston WL, Introduction to Mathematical Programming Applications and Algorithms, 4th edition, 2003.

Web-sites (Spreadsheet tutorials)/Web siteleri (E-tablo eğitimleri):
https://www.coursera.org/courses?query=spreadsheet /
http://office.microsoft.com/en-us/training/CR061831141033.aspx
http://www.tutorialsforopenoffice.org/category_index/spreadsheet.html
https://www.youtube.com/watch?v=K4QkLA3sT1o (one of many tutorials on Excel solver)/(Excel çözücüsüyle ilgili birçok öğreticiden biri)

References:

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Homework Assignments	5	% 20
Midterms	1	% 30
Final	1	% 50
Total		% 100
PERCENTAGE OF SEMESTER WORK		% 50
PERCENTAGE OF FINAL WORK		% 50
Total		% 100

ECTS / Workload Table

Activities	Number of Activities	Workload
Course Hours	13	39
Study Hours Out of Class	14	98
Homework Assignments	5	10
Midterms	1	1
Final	1	2
Total Workload		150

Contribution of Learning Outcomes to Programme Outcomes

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	Has theoretical and practical knowledge on management, business, trade, economy, entrepreneurship, innovation, sustainable development related to International Trade and Business and can use this information	3
2)	Can collect data from different sources in the global business world and successfully apply research techniques, use information and communication technologies.	3
3)	Can analyze opportunities and threats with strategic thinking skills by using different resources and channels in the ever-changing global business world.	2
4)	Can communicate orally and in writing with a good knowledge of English grammar.	3
5)	He / she can transfer the knowledge and skills he / she has acquired in the field to the relevant people in written and oral form and evaluate them critically.	4
6)	Adopts the principles of business ethics with the awareness of professional responsibility and can apply these principles within the framework of legal rules in the field of global trade and business.	3
7)	He / she can collaborate in and out of the field, take responsibility, respect cultural differences and have ethical values.	2
8)	Has sufficient awareness of social rights, justice, cultural values, environmental awareness, occupational health and safety.	3
9)	With the lifelong learning skill acquired, she/he can identify learning needs and improve herself/himself.	3