Introductory Management Science

Objective
The students increased understanding of quantitative managerial science problems will be based on knowledge from courses within statistics and business from earlier stages of the study. The students’ skills in interpreting spreadsheet solutions will be increased by using Microsoft Excel.

Tuition
Lectures, exercises

Evaluation
Compulsory papers and individual written examination (4 hrs)

Contents
Spreadsheet models
Linear programming and sensitivity analysis
Integer programming and goal programming
Nonlinear programming
Transportation and assignment problems
Network flow models
Project management
Decision analysis
Simulation
Forecasting
Inventory Control
Interpretations of computer solutions using Microsoft Excel

Syllabus literature
Taylor, Bernhard W. (2007) Introduction to Management Science. 9.ed.
Upper Saddle River, N.J., Pearson/Prentice Hall.