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Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMETRICS PR. | |
| Code | EKMZ306 |
| Name | Operations Research II |
| Term | 2017-2018 Academic Year |
| Semester | 6. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 4 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. SÜLEYMAN BİLGİN KILIÇ |
| Course Instructor |
Prof. Dr. ERSİN KIRAL
(Bahar)
(A Group)
(Ins. in Charge)
Doç. Dr. SEMİN TOPALOĞLU PAKSOY (Bahar) (B Group) (Ins. in Charge) |
Course Goal / Objective
Ojective of the course is to give the capability of using quantitative techniques for decision making; problem identification, model building and solving
Course Content
Deterministic inventory models, stochastic inventory models, basic probability distributions (normal, binomial and Poisson distributions), single-channel and multi-channel queuing systems, deterministic dynamic programming, Markov chains, decision analysis and game theory, model building with simulation, classical optimization problems, uconstrained problems, constrained problems, non-linear programming algorithms, quadratic programming
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Obtains, edits and analyze the data |
| LO02 | Student explain econometric consepts |
| LO03 | Construct mathematical models |
| LO04 | Produces effective solutions |
| LO05 | Uses an econometric package |
| LO06 | Selects appropriate teaching strategies, methods, and techniques in line with the course objectives. |
| LO07 | Evaluates by using the appropriate method in accordance with the problem. |
| LO08 | Understands optimization methods. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the basic concepts and theorems in the fields of Econometrics, Statistics and Operations research | 4 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Acquires basic Mathematics, Statistics and Operation Research concepts | 3 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Describes the necessary concepts of Business | 4 |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Equipped with the foundations of Economics, and develops Economic models | 5 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Models problems with Mathematics, Statistics, and Econometrics | 4 |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Analyzes/interprets at the conceptual level to develop solutions to problems | |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Collects/analyses data from reliable data sources for the purpose of study | 3 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Interprets the results analyzed with the model | 4 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Combines the information obtained from different sources within the framework of academic rules in a field of research | 4 |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Adapts traditional approaches, practices and methods to a new study when necessary | 3 |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Uses a package program of Econometrics, Statistics, and Operation Research | 4 |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads by taking responsibility individually and/or within the team | 3 |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | In addition to herself/himself professional development, constantly improves in scientific, cultural, artistic and social fields in line with interests and abilities | 4 |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it constantly renews itself by following the current developments in its field. | 5 |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses Turkish and at least one other foreign language, academically and in the business context | |
| PLO16 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Interprets the feelings, thoughts and behaviors of the related persons correctly/expresses himself/herself correctly in written and verbal form | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on current economic and social issues | |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Deterministic inventory models | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 2 | Stochastic inventory models | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 3 | Basic probability distributions (normal, binomial and Poisson distributions) | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 4 | Single-channel and multi-channel queuing systems | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 5 | Deterministic dynamic programming | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 6 | Modelin with Markov chains | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 7 | Decision analysis and game theory | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 8 | Midterm examination | ||
| 9 | Model building with simulation | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 10 | Classical optimization problems | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 11 | Unconstrained problems | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 12 | Constrained problems | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 13 | Non-linear programming algorithms | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 14 | Gradyan decent algorithm | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 15 | Quadratic programming | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 16 | Final examination | ||
| 17 | Final examination |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 7 | 7 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 109 | ||
| Total Workload / 25 (h) | 4,36 | ||
| ECTS | 4 ECTS | ||