Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMETRICS PR. (ENGLISH) | |
| Code | ECMZ305 |
| Name | Operations Research I |
| Term | 2017-2018 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. SÜLEYMAN BİLGİN KILIÇ |
| Course Instructor |
Doç. Dr. SEMİN TOPALOĞLU PAKSOY
(Güz)
(A Group)
(Ins. in Charge)
Doç. Dr. SEMİN TOPALOĞLU PAKSOY (Güz) (B Group) (Ins. in Charge) |
Course Goal / Objective
The objective of this course to gain cababilities of using quantitative techniques for decision making, problem identification, model building and solving.
Course Content
The concept of Operational Research topics such as problem definition, model building, linear programming, transportation - assignment problems, network problems and project management with CPM / PERT methods will be examined for building of the models and their solution techniques.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Transform complex problems into mathematical problems. |
| LO02 | Gets ability of analitical thinking |
| LO03 | Makes effective decisions and solves problems |
| LO04 | Explain econometric consepts |
| LO05 | Uses an econometric software package |
| LO06 | Plan project management processes using CPM and PERT methods. |
| LO07 | Apply linear programming methods. |
| LO08 | Analyze transportation, assignment, and network problems. |
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 | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Acquires basic Mathematics, Statistics and Operation Research concepts | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Describes the necessary concepts of Business | 5 |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Equipped with the foundations of Economics, and develops Economic models | |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Models problems with Mathematics, Statistics, and Econometrics | 3 |
| 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 | |
| PLO08 | Bilgi - Kuramsal, Olgusal | Interprets the results analyzed with the model | 5 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Combines the information obtained from different sources within the framework of academic rules in a field of research | |
| 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 | |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads by taking responsibility individually and/or within the team | |
| 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 | |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it follows the current developments in the field / constantly renews itself | 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 | The structure of decision problems, problem identification and model building | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 2 | Introduction to linear programming and the graphical solution method | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 3 | Solution of linear programming problems with Simplex method (I) | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 4 | Solution of linear programming problems with Simplex method (II) | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 5 | The realization of duality and sensitivity analysis after the optimal solution | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 6 | Computer application (the solution of linear programming and sensitivity analysis) | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 7 | Integer programming: Gomory cutting plane method and Branch and bound method | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 8 | Mid-Term Exam | ||
| 9 | Transportation models and solution algorithms | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 10 | Assignment models and solution algorithms | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 11 | Transshipment models and solution algorithms | Students will be prepared by studying relevant subjects from source books according to the weekly programStudents will be prepared by studying relevant subjects from source books according to the weekly program | |
| 12 | Network analysis; creation and solution of network models | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 13 | Network analysis; CPM method | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 14 | Network analysis; PERT method | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 15 | Time-cost relationship in the planning of the project and acceleration of the project | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 16 | Term Exams | ||
| 17 | Term Exams |
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 | 12 | 12 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||