| INTERNATIONAL TRADE AND BUSINESS | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| BA3464 | Management Science | Spring | 3 | 0 | 3 | 6 |
| This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
| 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 Dr. Öğr. Üyesi LEVENT AKSOY |
| Recommended Optional Program Components: | Web sites on Introduction to Excel, and Solver plug-in. |
| Course Objectives: | Students are introduced with analytical modeling tools, and they are asked to model both deterministic and probabilistic business problems using these tools. Spreadsheet software are gaining an undeniable importance/usage both in modeling and solving problems in today’s organizations. Thus, in this course students are introduced to spreadsheet modeling concepts and they are expected to use these software at a moderate level. |
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The students who have succeeded in this course; The students who have succeeded in this course; 1. Aware of the importance of modelling and mathematical modelling methodology. 2. Be able to differentiate deterministic and probabilistic models. 3. Be able to generate linear programming and discrete programming models. 4. Able create multi-criteria decision models. 5. Able to do sensitivity analysis. 6. Define and use network models. |
| 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. |
| Week | Subject | Related Preparation |
| 1) | Introduction to Operations Research (Management Science) | |
| 2) | Linear Programming (LP) models | |
| 3) | Use of computers to solve LP models. | Excel usage and Solver plug-in |
| 4) | Sensitivity analysis of LP results. | |
| 5) | Application of LP models to business problems. | |
| 6) | Application of LP models to business problems. (cont) | |
| 7) | Application of LP models to business problems. (cont.) | |
| 8) | Review | |
| 9) | Integer Programming | |
| 10) | Integer and Non-linear programming. | |
| 11) | Probabilistic models (Queueing, Inventory management) | |
| 12) | Simulation | Review statistics subects. |
| 13) | Simulation | |
| 14) | Review. |
| Course Notes / Textbooks: | Ders Kitabı: Introduction to Management Science, by B. W. Taylor 11th Ed., Pearson, 2013. |
| References: | Textbook: Introduction to Management Science, by B. W. Taylor 11th Ed., Pearson, 2013 |
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | 10 | % 15 |
| Laboratory | 1 | % 15 |
| Quizzes | 6 | % 10 |
| Midterms | 1 | % 25 |
| Final | 1 | % 35 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 65 | |
| PERCENTAGE OF FINAL WORK | % 35 | |
| Total | % 100 | |
| Activities | Number of Activities | Workload |
| Course Hours | 14 | 42 |
| Laboratory | 3 | 7 |
| Study Hours Out of Class | 14 | 95 |
| Final | 2 | 4 |
| Total Workload | 148 | |
| 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 |