TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMETRICS PR. (ENGLISH) | |
| Code | ECMZ306 |
| Name | Operations Research II |
| Term | 2019-2020 Academic Year |
| Semester | 6. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 4 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
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
Objective 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 | Student gets the ability of construction of mathematical models |
| LO02 | Student gets the ability of analitical thinking |
| LO03 | Student gets the ability of construction of mathematical models |
| LO04 | gain, edit and analyze the data |
| LO05 | uses an Econometric 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 | 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 | Modeling 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 | Mid-Term Exam | Students will be prepared by studying relevant subjects from source books according to the weekly program | |
| 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 | Uconstrained 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 | 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 | 20 |
| General Assessment | ||
| Midterm / Year Total | 100 | 20 |
| 1. Final Exam | - | 80 |
| 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 | ||