GRADUATE SCHOOL

Master of Business Administration - Distance Learning (e-MBA) (English)

EBA 503 | Course Introduction and Application Information

Course Name
Managerial Decision Making Techniques
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
EBA 503
Fall/Spring
3
0
3
5

Prerequisites
None
Course Language
English
Course Type
Elective
Course Level
Second Cycle
Mode of Delivery Online
Teaching Methods and Techniques of the Course Discussion
Problem Solving
Q&A
Course Coordinator
Course Lecturer(s)
Assistant(s)
Course Objectives This course aims at teaching a variety of management science methods useful in solving management problems in many areas such as Marketing, Finance, and Production so that the students can gain a quantitative foundation in basic mathematical modeling and problem solving that will be helpful in the higher level courses such as Operations Management and Production Planning and Inventory Control.
Learning Outcomes The students who succeeded in this course;
  • Solve business decision-making problems under both certainty and uncertainty.
  • Describe basic concepts and techniques of mathematical modelling
  • Formulate business problems mathematically.
  • Apply linear and integer programming for the solution of business problems.
  • Use computer software to solve decision-making problems
Course Description The main emphasis of the course is how to model a managerial problem using mathematical modeling (Linear programming and Integer programming). Many examples from different application areas are given.

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Management Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 Introduction to Management Science Course Notes
2 Decision Analysis Course Notes
3 Decision Analysis Course Notes
4 Decision Analysis Course Notes
5 Linear Programming: Model Formulation Course Notes
6 Linear Programming: Computer Solution and Sensitivity Analysis Course Notes
7 Linear Programming Applications in Business Decisions Course Notes
8 Linear Programming Applications in Business Decisions Course Notes
9 Integer Linear Programming Models Course Notes
10 Integer Linear Programming Models Course Notes
11 Transportation, Transshipment and Assignment Problems Course Notes
12 Transportation, Transshipment and Assignment Problems Course Notes
13 Project Management Course Notes
14 Project Management Course Notes
15 Review of the Semester
16 Final Exam

 

Course Notes/Textbooks

Sayısal Yöntemler, Yönetsel Yaklaşım, Tütek. H., Gümüşoğlu, Ş., 2012, Beta Yayınları ISBN: 6053335344

Introduction to Management Science. Bernard W. Taylor III, 12th Edition, 2016, Prentice-Hall, New Jersey ISBN-13: 978-0133778847

Introduction to Management Science: Quantitative Approaches to Decision Making (14th Edition) Anderson, D. R., Sweeney, D. J., Williams, T. A.., Martin, K., Cincinnati, OH: South-Western College, 2016. ISBN-13: 978-1111823610

Suggested Readings/Materials

Power points of above text books are used. 

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
1
20
Presentation / Jury
Project
Seminar / Workshop
Oral Exams
Midterm
Final Exam
1
80
Total

Weighting of Semester Activities on the Final Grade
1
20
Weighting of End-of-Semester Activities on the Final Grade
1
80
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Theoretical Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: '.16.' x total hours)
16
0
Study Hours Out of Class
15
3
45
Field Work
0
Quizzes / Studio Critiques
0
Portfolio
0
Homework / Assignments
5
6
30
Presentation / Jury
0
Project
0
Seminar / Workshop
0
Oral Exam
0
Midterms
0
Final Exam
1
19
19
    Total
142

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to demonstrate general business knowledge and skills.

X
2

To be able to demonstrate business communication skills effectively.

3

To be able to deliver creative and innovative solutions to the business-related problems.

X
4

To be able to evaluate the performance of business organizations through a holistic approach.

X
5

To be able to take a critical perspective in evaluating business knowledge.

6

To be able to exhibit an ethical and socially responsible behavior in conducting research and making business decisions.

7

To be able to solve business related problems using analytical and technological tools and techniques.

X
8

To develop a solution to business problems through systematic research.

X
9

To be able to use a foreign language to follow information about the field of business and participate in discussions in academic environments.

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

 


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