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HU Credits:
3
Degree/Cycle:
1st degree (Bachelor)
Responsible Department:
Business Administration
Semester:
1st and/or 2nd Semester
Teaching Languages:
Hebrew
Campus:
Mt. Scopus
Course/Module Coordinator:
Dr Binyamin Oz
Coordinator Office Hours:
Teaching Staff:
Dr. Binyamin Oz,
Mr. Nevo Taaseh
Course/Module description:
The course presents quantitative methods and techniques that aid a manager in decision making.
Course/Module aims:
Present quantitative models and techniques as a tool for facilitating decision making. The course will include the following topics: linear programming - formulation, graphical solution, computerized solution (SOLVER) and sensitivity analysis, Special problems in linear programming and integer programming, Project management, decision theory, decision trees, value of information, simulation.
Learning outcomes - On successful completion of this module, students should be able to:
Formulate decision making problems as a mathematical model and solve them.
Attendance requirements(%):
80%
Teaching arrangement and method of instruction:
Presentations and class discussions.
Course/Module Content:
Decision theory, decision trees, value of information, linear programming - formulation, graphical solution, computerized solution and sensitivity analysis. Special problems in linear programming and integer programming. Project management, simulation.
Required Reading:
Practical Management Science
Authors: Winston and Albright
Publisher: Duxbury
Additional Reading Material:
Grading Scheme :
Written / Oral / Practical Exam / Home Exam 100 %
Additional information:
Prerequisites: A passing grade in first year courses in economics, mathematics and statistics.
Course requirements: 70% homework, 70% quizzes. Exercises that are submitted late will not be registered.
Midterm exam using SOLVER or Lindo software in the middle of the semester.
Homework, midterm and quizzes are condition to take a final exam.
End of semester exam 100% of the grade.
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