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7/29/2019 Syllabus QM205 Fall 2013
1/3
Kuwait UniversityCollege of Business Administration
Department of Quantitative Methods and Information Systems
SEMESTER: Fall 2013Course Number: QMIS 205
Course Title: Introduction to Management Science
Prerequisites: English 115
INSTRUCTOR: Dr. Mohammad Askar
Twitter: @DrMAskar
e-mail: [email protected]
Office Hours: TBD
REQUIRED TEXT:
Bernard W. Taylor III. I ntr oduction to Management Science, 11th edition (Global edition),Pearson, 2013.
READING LIST:
A) Recommended Books:
J. Lawrence and B. Pasternack, Applied Management Science: A Computer-Aided Approach for
Decision Making, John Wiley & Sons, 2004.
S. Powell and K. Baker, The Art of Modeling with Spreadsheets: Management Science,
Spreadsheet Engineering, and Modeling Craft, John Wiley & Sons, 2004.
B) Recommended Articles:Operations Research in the eBusiness era, Special Edition, Interfaces, Vol. 31, No. 2, March-April 2001
COURSE OBJECTIVES:
This course is designed to develop a basic understanding and competence in the use of quantitative
methods to modeling and solving managerial problems. The focus is on optimization and modeling
techniques such as linear and integer programming. Spreadsheet modeling (EXCEL) is used for
solving these problems. Throughout the course practical examples are provided and issues faced by
the managers are discussed so that students will have a good grasp of the real world managerial
decision-making environment.
COURSE CONTENT:The broad range of quantitative methods and optimization techniques which have proven to be the
most useful in managerial decision making will be covered with a focus on these techniques:
1. Linear Programming (LP)
2. Solution of Linear programming and Sensitivity Analysis
3. Integer Programming (IP)
4. Transportation, Transshipment and assignment Problems
7/29/2019 Syllabus QM205 Fall 2013
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METHODOLOGY:
The primary method of instruction will be lectures with problems which require formulation and
intensive solution analysis extended by classroom discussions. In addition, a great emphasis will be
on interpretation of the results and their short-term and long-term business implications. When
formulating and solving a problem, special attention will also be given to assumptions made, thelimitations, advantages, and shortcoming of the proposed solution and the feasibility of the solution.
ASSIGNMENTS:
Homework assignments will be given but will not be collected/graded. Some assigned problems will
be solved in the class. However, it is highly recommended that students attempt to solve the
assigned problems since it will help them to better comprehend the material discussed in the lectures.
GRADING:
Grades will be weighted as follows:
Class attendance, Class participation and Subjective evaluation (5%)
Quizzes (25%)Midterm (Monday, 18/11/2013, 5 pm 6:30 pm) (30%)
Final Exam (Saturday, 21/12/2013, 2 pm - 4 pm) (40%)
Final course grades will be based on the intervals shown below.
GRADE A A- B+ B B- C+ C C- D+ D F
% 95-100 90-94 87-89 83-86 80-82 77-79 73-76 70-72 65-69 60-64
7/29/2019 Syllabus QM205 Fall 2013
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CLASS AGENDA
Week Subject/Chapter Topics/Sections/Page Numbers
1, 2
Introduction to
ModelingChapter (1)
Introduction (pp. 20-32; 34 39)
3,4Modeling with Linear
Programming
Chapter (2)
Modeling with Linear Programming(pp. 49-78).
4,5,6
Solving Linearprogramming
Models
Chapter (3)
Computer Solution and Sensitivity Solution:(pp. 91-94; 98-112).
6,7,8
Solving examples ofLinear Programming
ModelsChapter (4)
Linear Programming Applications.(pp.130-133; 135-147; 151-160).
9, 10Integer Linear
Programming ModelsChapter (5)
Integer Programming Models(pp. 203-210; 213-216; 218-227).
11,12
Linear ProgrammingTransportation Models
Chapter (6)
Transportation, Transshipment and assignment Models.
(pp. 252-257; 261-266; 270).