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FACULTY of ECONOMICS and ADMINISTRATIVE SCIENCES / DEPARTMENT of BUSINESS

Course Catalog
http://websecurity.ktu.edu.tr/DersBilgiPaketi/bolum.aspx?pid=75&lang=1
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İİBF
FACULTY of ECONOMICS and ADMINISTRATIVE SCIENCES / DEPARTMENT of BUSINESS /
Katalog Ana Sayfa
  Katalog Ana Sayfa  KTÜ Ana Sayfa   Katalog Ana Sayfa
 
 

ISL2010Operations Research - II3+0+0ECTS:4
Year / SemesterSpring Semester
Level of CourseFirst Cycle
Status Compulsory
DepartmentDEPARTMENT of BUSINESS
Prerequisites and co-requisitesNone
Mode of Delivery
Contact Hours14 weeks - 3 hours of lectures per week
LecturerDoç. Dr. Pelin ŞENTÜRK
Co-LecturerProf.Dr.Selçuk Perçin
Language of instructionTurkish
Professional practise ( internship ) None
 
The aim of the course:
It aims to teach students about quantitative methods used in optimal allocation of scarce resources (such as transportation models and network analysis) within both theoretical and computer applications.
 
Learning OutcomesCTPOTOA
Upon successful completion of the course, the students will be able to :
LO - 1 : Describe the quantitative decision techniques used in decision making.1,2,31,
LO - 2 : Explain similarities and differencies between decision making techniques.1,2,31,
LO - 3 : Use one of the quantitative techniques to a determined problem.1,2,31,
LO - 4 : Examine the appropriateness of decision according to the results of used technique.1,2,31,
LO - 5 : Create a new classification technique about decision making 1,2,31,
CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome

 
Contents of the Course
Transportation model, the assignment model, the transshipment model, project scheduling by PERT-CPM, decision analysis, game theory, queuing theory, applications with Lindo and QM for Windows packages.
 
Course Syllabus
 WeekSubjectRelated Notes / Files
 Week 1Course objectives and outlines, The methodology of operations research
 Week 2The transportation model, The Northwest Corner Method, The Minimum Cell Cost Method, Vogel's Approximation Method
 Week 3Solution of the transportation model, Optimal solution methods, The stepping-stone solution method, The modified distribution method
 Week 4The assignment model
 Week 5Project Management, Critical path method
 Week 6PERT/CPM Critical path procedure, Project scheduling with known acivity times (CPM), Project scheduling with uncertain activity times (PERT)
 Week 7PERT/CPM, Project time-cost trade-offs, Project crashing
 Week 8Decision Analysis, Decision Making Under Uncertainty, The maximax criterion, The maximin criterion, The minimax regret criterion, The Hurwicz criterion, The Equal Likelihood (Laplace) criterion
 Week 9Mid-term exam
 Week 10Decision Making Under Risk, Expected value, Expected opportunity loss, Expected value of perfect information, Decision trees
 Week 11Game theory, Types of game situations (two-person zero-sum, constant-sum), Dominant and mixed strategies
 Week 12Solution methods of game theory, Graphical solution, Linear programming (simplex method) solution
 Week 13Queuing Theory (waiting line models), Queue discipline, Single-channel waiting line models
 Week 14Waiting line models, Multiple-channel waiting line models, Economic analysis of waiting lines
 Week 15Review
 Week 16End-of-term exam
 
Textbook / Material
1Öztürk, A. 2005, Yöneylem Araştırması, Ekin Kitabevi, Bursa.
2Ulucan, A. 2004, Yöneylem Araştırması, Siyasal Kitabevi, Ankara.
 
Recommended Reading
1Tütek, H., Gümüşoğlu, Ş. 2000, Sayısal Yöntemler, Beta Basım Yayım Dağıtım AŞ, İstanbul.
2Taha, H. A. 2000, Yöneylem Araştırması, Çeviren ve Uyarlayanlar: Baray, Ş.A., Esnaf, Ş. , Literatür Yayıncılık, İstanbul.
 
Method of Assessment
Type of assessmentWeek NoDate

Duration (hours)Weight (%)
Mid-term exam 9 04/2023 1 50
End-of-term exam 16 06/2023 1 50
 
Student Work Load and its Distribution
Type of workDuration (hours pw)

No of weeks / Number of activity

Hours in total per term
Yüz yüze eğitim 3 14 42
Sınıf dışı çalışma 2 14 28
Laboratuar çalışması 0 0 0
Arasınav için hazırlık 10 2 20
Arasınav 1 1 1
Uygulama 0 0 0
Klinik Uygulama 0 0 0
Ödev 0 0 0
Proje 0 0 0
Kısa sınav 0 0 0
Dönem sonu sınavı için hazırlık 28 1 28
Dönem sonu sınavı 1 1 1
Diğer 1 0 0 0
Diğer 2 0 0 0
Total work load120