ECTS - Quantitative Analysis
Quantitative Analysis (MGMT214) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Quantitative Analysis | MGMT214 | 4. Semester | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | English |
|---|---|
| Course Type | Compulsory Departmental Courses |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Demonstration, Question and Answer, Problem Solving. |
| Course Lecturer(s) |
|
| Course Objectives | Purpose of the course is to introduce quantitative approaches to managerial decision making. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | Quantitative approaches to decision making. Prior, posterior, pre posterior analysis. Linear programming, transportation, assignment, network analysis, inventory models, queing models, markov chains. |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | Managerial decision making and quantitative approaches | Winston Ch. 1 |
| 2 | Decision making with and without probabilities, prior analysis, posterior analysis, pre posterior analysis | Winston Ch. 13 |
| 3 | Linear programming model | Winston Ch. 3 |
| 4 | Graphical solution | Winston Ch. 4,5 |
| 5 | Formulating linear programming models | Winston Ch. 3 |
| 6 | Duality | Winston Ch. 6 |
| 7 | Packaged computer programs | Winston Ch. 4,5 |
| 8 | Midterm Exam | |
| 9 | Sensitivity analysis | Winston Ch. 5 |
| 10 | Transportation problem | Winston Ch. 7 |
| 11 | Assignment problem | Winston Ch. 7 |
| 12 | Network analysis | Winston Ch. 8 |
| 13 | Inventory models | Winston Ch. 16,17 |
| 14 | Queuing models | Winston Ch. 22 |
| 15 | Markov chains | Winston Ch. 19 |
| 16 | Final Exam |
Sources
| Course Book | 1. Wayne L. Winston, Operations Research, Applications and Algorithms |
|---|---|
| Other Sources | 2. Bernard W. Taylor III, Introduction to Management Science |
| 3. D.R.Anderson, D.J. Sweeney, T.A.Williams, An introduction to Management Science |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | 1 | 10 |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | - | - |
| Homework Assignments | 5 | 10 |
| Presentation | - | - |
| Project | - | - |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 1 | 30 |
| Final Exam/Final Jury | 1 | 50 |
| Toplam | 8 | 100 |
| Percentage of Semester Work | 50 |
|---|---|
| Percentage of Final Work | 50 |
| Total | 100 |
Course Category
| Core Courses | X |
|---|---|
| Major Area Courses | |
| Supportive Courses | |
| Media and Managment Skills Courses | |
| Transferable Skill Courses |
The Relation Between Course Learning Competencies and Program Qualifications
| # | Program Qualifications / Competencies | Level of Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | Understanding and explaining the concepts regarding to the main fields of Management (Management, Production, Marketing, Accounting- Finance) and gaining the ability to apply these skills in management. | X | ||||
| 2 | Gaining the ability to use technology required for buseiness administration | X | ||||
| 3 | An ability to analyze the information and reports of the markets and businesses and setting goals with respect to results of the analysis. | X | ||||
| 4 | An ability to trace and evaluate the global, local and/or regional developments related to businesses and making strategic decisions. | |||||
| 5 | An ability to set a innovative business or an ability to use the knowledge in the operations of management(taking risk, finding resources, making market research, and preparing business plans etc.) | |||||
| 6 | An ability to apply knowledge regarding functions of management. | |||||
| 7 | An ability to have oral and written communication skills particular to management and use these skills effectively in professional relations | |||||
| 8 | Compliance with rules of Socials and business ethics and to the principles of social responsibility | |||||
| 9 | An ability to use life-long learning approach in order to adapt constantly changing environmental factors (technological, political ,economical, and socio cultural etc.) | |||||
| 10 | An ability to conduct research on management and reporting the outcomes with the related parties. | |||||
| 11 | Taking responsibility within the teamwork, thinking critically and taking initiative in problem solving. | |||||
| 12 | Using professional English in written and verbal communication. ("European Language Portfolio Global Scale", Level B1) | |||||
| 13 | Having knowledge about law required by management. | |||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | |||
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | |||
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | 5 | 5 | 25 |
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 1 | 15 | 15 |
| Prepration of Final Exams/Final Jury | 1 | 25 | 25 |
| Total Workload | 65 | ||