Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMETRICS PR. (ENGLISH) | |
| Code | ECMZ305 |
| Name | Operations Research I |
| Term | 2019-2020 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 |
Prof. Dr. SÜLEYMAN BİLGİN KILIÇ
(Güz)
(A 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 | student gets ability of analitical thinking |
| LO03 | Gain effective decision making and problem solving skills |
| LO04 | explain econometric consepts |
| LO05 | uses an econometric software package |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Explains Econometric concepts | 0 |
| PLO02 | - | Acquires basic Mathematics, Statistics and Operation Research concepts | 5 |
| PLO03 | - | Equipped with the foundations of Economics, and develops Economic models | 0 |
| PLO04 | - | Describes the necessary concepts of Business | 4 |
| PLO05 | - | Models problems with Mathematics, Statistics, and Econometrics | 5 |
| PLO06 | - | Estimates the model consistently and analyzes & interprets its results | 5 |
| PLO07 | - | Acquires the ability to analyze, benchmark, evaluate and interpret at conceptual levels to develop solutions to problems | 3 |
| PLO08 | - | Collects, edits, and analyzes data | 3 |
| PLO09 | - | Uses a package program of Econometrics, Statistics, and Operation Research | 0 |
| PLO10 | - | Effectively works, take responsibility, and the leadership individually or as a member of a team | 5 |
| PLO11 | - | Awareness towards life-long learning and follow-up of the new information and knowledge in the field of study | 1 |
| PLO12 | - | Develops the ability of using different resources in the form of academic rules, synthesis the information gathered, and effective presentation in an area which has not been studied | 4 |
| PLO13 | - | Uses Turkish and at least one other foreign language, academically and in the business context | 3 |
| PLO14 | - | Good understanding, interpretation, efficient written and oral expression of the people involved | 0 |
| PLO15 | - | Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development | 0 |
| PLO16 | - | Questions traditional approaches and their implementation while developing alternative study programs when required | 4 |
| PLO17 | - | Recognizes and implements social, scientific, and professional ethic values | 5 |
| PLO18 | - | Follows actuality, and interprets the data about economic and social events | 4 |
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 | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 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 | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 17 | Term Exams | Students will be prepared by studying relevant subjects from source books according to the weekly program |
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 | ||