Výsledky vzdelávania

Upon successful completion of this course, students will be able to: 1. Apply management science knowledge and models to assist managers and decision-makers in solving organizational problems. 2. Analyze tradeoffs of solutions of managerial and organizational problems that can be formulated using management science theory and models. 3. Evaluate the integrative aspect of problem-solving techniques in an organizational setting. COURSE OBJECTIVES -Analyze organizations for the right ingredients for the use of analytics in order to gain competitive advantage -Formulate, solve, and interpret linear, integer, and non-integer linear programming model -Use computer software to interpret and analyze sensitivity analysis, and advanced applications -Apply distribution and network models to solve and analyze transportation, assignment, shortest route, and maximum flow problems -Discuss, construct and analyze project scheduling network with deterministic and probabilistic times (using PERT/CPM) -Solve and analyze various inventory models—Economic Order Quantity(EOQ), Quantity Discounts for the EOQ, and Order-Quantity Reorder Point Model with Probabilistic Demand -Apply and use Markov process models in studying the evolution of systems over repeated trails -Formulate simulation problems using Monte Carlo simulation and interpret results -Develop teamwork ability and increase the level of communication and discussion in decision making process