Code |
Name of the Course Unit |
Semester |
In-Class Hours (T+P) |
Credit |
ECTS Credit |
YBS321 |
NUMERICAL DECISION MAKING METHODS |
5 |
3 |
3 |
5 |
GENERAL INFORMATION |
Language of Instruction : |
Turkish |
Level of the Course Unit : |
BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle |
Type of the Course : |
Elective |
Mode of Delivery of the Course Unit |
- |
Coordinator of the Course Unit |
Assist.Prof. ÇAĞLA TUĞBERK ARIKER |
Instructor(s) of the Course Unit |
|
Course Prerequisite |
No |
OBJECTIVES AND CONTENTS |
Objectives of the Course Unit: |
This course aims to make use of the mathematical models to solve decision problems and their applications, to identify the correct method, to identify and to perform the necessary analyses. |
Contents of the Course Unit: |
Contents of the course include theoretical and practical teaching of the subjects such as project management, production planning and inventory control, mass production planning, stock control systems, process management and capacity planning, modelling, linear programming, optimization problems, business design, quality control, transmission model, assignment model and transfer model, project programming and control techniques-PERT/CPM, decision analysis, game theory, queuing theory, decision-making, decision-making problems, decision-making process, benefit theory, certainty, decision-making under uncertainty and risk, numerical decision-making, computer aided decision-making, computer aided problem solving and simulation. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
Use optimization problems (linear programming models) as a tool for decision making. |
Evaluate the resources effectively for the organization. |
Analyze existing resources for efficiency. |
Distinguish between efficient and inefficient sources. |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
Week |
Preparatory |
Topics(Subjects) |
Method |
1 |
- |
Numerical decision-making techniques
General introduction |
Lecture & Practice – Exercise & Team/Group Work |
2 |
Literature Review |
Model concept and optimization, introduction to linear programming |
Lecture & Practice – Exercise & Team/Group Work |
3 |
Literature Review |
Linear programming: basic concepts and modelling |
Lecture & Practice – Exercise & Team/Group Work |
4 |
Literature Review |
Linear programming: solution concept |
Lecture & Practice – Exercise & Team/Group Work |
5 |
Literature Review |
Linear programming: sensitivity analysis |
Lecture & Practice – Exercise & Team/Group Work |
6 |
Literature Review |
Linear programming: Simplex method and Duality |
Lecture & Practice – Exercise & Team/Group Work |
7 |
Literature Review |
Integer Linear programming: Modelling |
Lecture & Practice – Exercise & Team/Group Work |
8 |
- |
MID-TERM EXAM |
- |
9 |
Literature Review |
0 – 1 programming: Modelling |
Lecture & Practice – Exercise & Team/Group Work |
10 |
Literature Review |
Data envelopment analysis |
Lecture & Practice – Exercise & Team/Group Work |
11 |
Literature Review |
Markov analysis |
Lecture & Practice – Exercise & Team/Group Work |
12 |
Literature Review |
Estimation methods |
Lecture & Practice – Exercise & Team/Group Work |
13 |
Literature Review |
Decision-making analysis:
decision making under uncertainty |
Lecture & Practice – Exercise & Team/Group Work |
14 |
Literature Review |
Decision-making analysis: decision making under risk |
Lecture & Practice – Exercise & Team/Group Work |
15 |
Literature Review |
Introduction to project management |
Lecture & Practice – Exercise & Team/Group Work |
16 |
- |
FINAL EXAM |
- |
17 |
- |
FINAL EXAM |
- |
SOURCE MATERIALS & RECOMMENDED READING |
Celikbilek, Y. (2018). Cok Kriterli Karar Verme Yontemleri - Aciklamalı ve Karsilastirmali Saglik Bilimleri Uygulamalari. Nobel Akademik Publications. |
Ozcan, Y. (2013). Saglik Kurumlari Yonetiminde Sayısal Yontemler–Teknikler ve Uygulamalar. Cevirenler: Sahin Kavuncubasi ve Selami Yildirim. Siyasal Bookstore. |
Timor, M. (2010). Yoneylem arastirmasi. Turkmen Bookstore. |
ASSESSMENT |
Assessment & Grading of In-Term Activities |
Number of Activities |
Degree of Contribution (%) |
Description |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES
KNOWLEDGE |
Theoretical |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Define the theories, concepts and principles of the basic and sub-fields of business.
|
|
|
|
|
|
|
2 |
Explain business functions and processes based on current scientific sources.
|
|
|
|
|
|
|
KNOWLEDGE |
Factual |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Relate internationally valid business cases with the theories and concepts of other social sciences.
|
|
|
|
|
|
|
SKILLS |
Cognitive |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Explain the current events and facts in his / her field analytically and systematically based on advanced knowledge and skills he / she has.
|
|
|
|
|
|
|
SKILLS |
Practical |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Use the theoretical and factual knowledge in business for occupational practices.
|
|
|
|
|
|
|
2 |
Solve individual and organizational problems in business life.
|
|
|
|
|
|
|
3 |
Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems.
|
|
|
|
|
|
|
OCCUPATIONAL |
Autonomy & Responsibility |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Plan research and work using knowledge and skills gained in the field of business.
|
|
|
|
|
|
|
2 |
Organize the activities for organizational goals and purposes independently.
|
|
|
|
|
|
|
OCCUPATIONAL |
Learning to Learn |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Criticize advanced knowledge and skills in the field with a critical approach.
|
|
|
|
|
|
|
2 |
Develop the existing knowledge and skills with a critical point of view under the impact of scientific, technological and current developments.
|
|
|
|
|
|
|
OCCUPATIONAL |
Communication & Social |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Express his/her knowledge, thoughts and solutions on business to related stakeholders in written and verbal ways.
|
|
|
|
|
|
|
2 |
Use the information and communication technology software and equipment required for business.
|
|
|
|
|
|
|
OCCUPATIONAL |
Occupational and/or Vocational |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Apply the social, scientific, cultural and ethical values at the stages of the collection of data, their implementation, interpretation and announcement of results in the field of business.
|
|
|
|
|
|
|
2 |
Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life.
|
|
|
|
|
|
|
WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
Workload for Learning & Teaching Activities |
Type of the Learning Activites |
Learning Activities (# of week) |
Duration (hours, h) |
Workload (h) |
Lecture & In-Class Activities |
14 |
3 |
42 |
Preliminary & Further Study |
13 |
2 |
26 |
Land Surveying |
0 |
0 |
0 |
Group Work |
0 |
0 |
0 |
Laboratory |
0 |
0 |
0 |
Reading |
0 |
0 |
0 |
Assignment (Homework) |
0 |
0 |
0 |
Project Work |
0 |
0 |
0 |
Seminar |
0 |
0 |
0 |
Internship |
0 |
0 |
0 |
Technical Visit |
0 |
0 |
0 |
Web Based Learning |
0 |
0 |
0 |
Implementation/Application/Practice |
0 |
0 |
0 |
Practice at a workplace |
0 |
0 |
0 |
Occupational Activity |
0 |
0 |
0 |
Social Activity |
0 |
0 |
0 |
Thesis Work |
0 |
0 |
0 |
Field Study |
0 |
0 |
0 |
Report Writing |
0 |
0 |
0 |
Final Exam |
1 |
1 |
1 |
Preparation for the Final Exam |
7 |
5 |
35 |
Mid-Term Exam |
1 |
1 |
1 |
Preparation for the Mid-Term Exam |
5 |
4 |
20 |
Short Exam |
0 |
0 |
0 |
Preparation for the Short Exam |
0 |
0 |
0 |
TOTAL |
41 |
0 |
125 |
|
Total Workload of the Course Unit |
125 |
|
|
Workload (h) / 25.5 |
4,9 |
|
|
ECTS Credits allocated for the Course Unit |
5,0 |
|