Course Syllabus

Instructors

Prof. Dr. Y. Ilker TOPCU

Course description and goals

This course aims to provide the students with the skills to apply the techniques of quantitative analysis in many types of organizational decision making situations. Most of the major topics in the quantitative analysis / management science field are covered by this course.

I will show how these techniques are used, discuss the assumptions and limitations of the models, and illustrate the real world usefulness of each technique with many applications in both profit and nonprofit organizations. Expanded use of computer software (QM for Windows, Microsoft Excel Tools, Super Decisions) helps keep the emphasis on modeling the real world problems and understanding the solutions to these models.

Course requirements

All exams (midterm and final exam) will be "open book" or "take home".

Grading

Midterm exams (60%), Final exam (40%)

Cheating and plagiarism

Do not. Studying together to understand the material is fine, but the work you hand in is to be your own. No cheating will be tolerated: A letter grade of F will be given!

References

Taylor B.W. 2019. Introduction to Management Science. 13th edition, Pearson Education Inc., New Jersey.

Render B., Stair Jr R.M., and Hanna M.E. 2018. Quantitative Analysis for Management. 13th edition, Pearson Education Inc., New Jersey.

Balakrishnan N., Render B., Stair R.M. Jr. 2017. Managerial Decision Modeling with Spreadsheets. 4th Edition, Prentice Hall, New Jersey.

Goodwin P. and Wright G. 2014. Decision Analysis for Management Judgment. 5th edition, John Wiley & Sons, New York.

Saaty T.L. and Vargas L.G. 2013. Decision Making with the Analytic Network Process. 2nd edition, Springer, New York.

Saaty T.L. 2005. Theory and Applications of the Analytic Network Process. RWS Publ., Pittsburgh.

Parnell G.S., Bresnick T.A., Tani S.N., and Johnson E.R. 2013. Handbook of Decision Analysis. Wiley, New Jersey.

Kahneman D. 2013. Thinking, Fast and Slow. Farrar, Straus and Giroux, New York.

Krogerus M. and Tschappeler R. 2012. The Decision Book: 50 Models for Strategic Thinking. W. W. Norton & Co., London.

Ishizaka A. and Nemery P. 2013. Multi-criteria Decision Analysis: Methods and Software. Wiley, West Sussex. 

Bazerman M.H. and Moore D.A. 2012. Judgment in Managerial Decision Making. 8th edition, John Wiley & Sons, New York.

Saaty T.L. 2012. Decision Making for Leaders: The Analytic Hierarchy Process for Decisions in a Complex World. 3rd edition, RWS Publ., Pittsburgh.

Koksalan M., Wallenius J., and Zionts S. 2011. Multiple Criteria Decision Making: From Early History to the 21st Century. World Scientific Publishing Company, New Jersey.

Keeney R.L. 2009. Value Focused Thinking: A Path to Creative Decision Making. Harvard University Press, London.