Course Unit Description "Basics of Process Optimization (AL 13.04)"

Instructor:

Prof. Dr. Richard Martin, Coastal Carolina University

Objectives

To provide a basic understanding of the value and use of quantitative methods in administrative and operational problem solving and decision-making.
To develop an understanding of a variety of statistical and quantitative techniques applicable to a wide range of business situations.
To recognize particular techniques and their applications so as to be able to apply these techniques in problem solving for management decision making.

Contents of the Course

Upon the successful completion of this course, the student will be able to:

Describe the role of quantitative methods in business decision making.
Analyze decision-making problems electronically.
Create statistical analysis of simulation results.
Apply the most appropriate forecasting method for the properties of the available data.
Solve linear programming problems.
Create sensitivity analysis on linear programming model parameters.
Apply linear programming models to project management applications.
Solve integer-programming problems.
Develop solutions for transshipment problems.
Use technology and information resources to research issues in Management Science
Communicate issues in Management Science

Methods

Regular attendance plays a vital role in succeeding in this class. You are re-sponsible for all notes, assignments, and information disseminated in class, with or without an excused absence.
Participation in class discussion is expected. This involves voluntary input.
Only timely, TYPED homework assignments will be accepted.

Prerequisites

Formal: Full-time student (B.A.) in the Faculty of Business and Social Sciences.

Academic: Recommendation: Specialization in Logistics and E-Business.

Assessment

Type	Date	Details
Exams:	Weeks 3, Week 6
Other:	Weeks 1,2,4,5	Homework, articles, group work (as assigned)
Final Group Project	Week 7	(All papers due, presentations
Total

* Prüfungsamt Termine

Bewertung

Voraussetzung für die Vergabe von ECTS-Punkten ist das Bestehen der Prüfungsleistung für das Gesamtmodul. Die Prüfungsleistung für diese Kurseinheit geht zu einem Viertel (für AL13.1) bzw. zur Hälfte (für AL13.2) in die Prüfungsleistung für das Gesamtmodul ein.