| BUSINESS ADMINISTRATION | |||||
| 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 | Fall | 3 | 0 | 3 | 4 |
| The course opens with the approval of the Department at the beginning of each semester |
| Language of instruction: | En |
| Type of course: | Departmental Elective |
| Course Level: | Bachelor |
| Mode of Delivery: | Face to face |
| Course Coordinator : | Prof. Dr. YAVUZ GÜNALAY |
| Course Lecturer(s): |
Prof. Dr. YAVUZ GÜNALAY Assist. Prof. LEVENT AKSOY |
| 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. |
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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. |
| 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. |
| 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 | |
| Course Notes: | 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: |
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | % 0 | |
| Laboratory | % 0 | |
| Application | % 0 | |
| Field Work | % 0 | |
| Special Course Internship (Work Placement) | % 0 | |
| Quizzes | % 0 | |
| Homework Assignments | 5 | % 20 |
| Presentation | % 0 | |
| Project | % 0 | |
| Seminar | % 0 | |
| Midterms | 1 | % 30 |
| Preliminary Jury | % 0 | |
| Final | 1 | % 50 |
| Paper Submission | % 0 | |
| Jury | % 0 | |
| Bütünleme | % 0 | |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 50 | |
| PERCENTAGE OF FINAL WORK | % 50 | |
| Total | % 100 | |
| Activities | Number of Activities | Workload | |
| Course Hours | 13 | 39 | |
| Laboratory | |||
| Application | |||
| Special Course Internship (Work Placement) | |||
| Field Work | |||
| Study Hours Out of Class | 14 | 98 | |
| Presentations / Seminar | |||
| Project | |||
| Homework Assignments | 5 | 10 | |
| Quizzes | |||
| Preliminary Jury | |||
| Midterms | 1 | 1 | |
| Paper Submission | |||
| Jury | |||
| Final | 1 | 2 | |
| Total Workload | 150 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Being able to identify problems and ask right questions | |
| 2) | Having problem solving skills and developing necessary analytical attitude | |
| 3) | Comprehending theoretical arguments along with counter arguments in detail | |
| 4) | Gaining awareness of lifelong learning and being qualified for pursuing graduate education | |
| 5) | Applying theoretical concepts in project planning | |
| 6) | Communicating efficiently by accepting differences and carrying out compatible teamwork | |
| 7) | Increasing efficiency rate in business environment | |
| 8) | Developing innovative and creative solutions in face of uncertainty | |
| 9) | Researching to gather information for understanding current threats and opportunities in business | |
| 10) | Being aware of the effects of globalization on society and business while deciding | |
| 11) | Possessing digital competence and utilizing necessary technology | |
| 12) | Communicating in at least one foreign language in academic and daily life | |
| 13) | Possessing managing skills and competence | |
| 14) | Deciding with the awareness of the legal and ethical consequences of business operations | |
| 15) | Expressing opinions that are built through critical thinking process in business and academic environment |