IEM758 Decision Analysis

6 ECTS - 3-0 Duration (T+A)- . Semester- 3 National Credit

Information

Code IEM758
Name Decision Analysis
Semester . Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 6 ECTS
National Credit 3 National Credit
Teaching Language Türkçe
Level Yüksek Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Dr. Öğr. Üyesi SEMİN PAKSOY


Course Goal

Determines the appropriate method in decision making problems, uses correct algorithms, analyzes problems.

Course Content

Decision Problems, Decision Making, Decision Making Under Certainty, Decision Making Under Uncertainty, Decision Making Under Risk, Decision Trees, Utility and Expected Utility Approach, Multi-Criteria Decision Making, AHP Method, TOPSIS Method, VIKOR Method, Fuzzy Multi-Criteria Decision Methods, Multi-Criteria Decision Making Methods and EXCEL Applications

Course Precondition

No prerequisites are required

Resources

An Introduction to Management Science: Quantitive Approaches to Decisions Making, David R. Anderson, DenWilliams, Thomson, 2003 Making Hard Decisions: An Intoducting to Decision Analysis, Robert T. Cliemen, Duxbury Press, 1996

Notes

Yönetimde Çok Amaçlı Karar Verme, R. Evren, F. Ülengin, İTÜ Decisions Making in the Manufacturing Environment, R. Venkata Rao, Springer


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Develops analytical thinking ability to analyze problems.
LO02 By structuring problems, .gains the ability to classify problems.
LO03 Gains the ability to use multi-criteria decision making techniques.
LO04 Makes the right choice among alternatives
LO05 Uses modern solution approaches


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Explains contemporary concepts about Econometrics, Statistics, and Operation Research
PLO02 Bilgi - Kuramsal, Olgusal Explains relationships between acquired knowledge about Econometrics, Statistics, and Operation Research
PLO03 Bilgi - Kuramsal, Olgusal Explains how to apply acquired knowledge in the field to Economics, Business, and other social sciences
PLO04 Beceriler - Bilişsel, Uygulamalı Performs conceptual analysis to develop solutions to problems 3
PLO05 Beceriler - Bilişsel, Uygulamalı Models problems with Mathematics, Statistics, and Econometrics 4
PLO06 Beceriler - Bilişsel, Uygulamalı Interprets the results obtained from the most appropriate method to predict the model 5
PLO07 Beceriler - Bilişsel, Uygulamalı Synthesizes the information obtained by using different sources within the framework of academic rules in a field that does not research 4
PLO08 Beceriler - Bilişsel, Uygulamalı Uses acquired knowledge in the field to determine the vision, aim, and goals for an organization/institution 4
PLO09 Beceriler - Bilişsel, Uygulamalı Searches for new approaches and methods to solve problems being faced 3
PLO10 Beceriler - Bilişsel, Uygulamalı Presents analysis results conveniently 5
PLO11 Beceriler - Bilişsel, Uygulamalı Collects/analyzes data in a purposeful way 4
PLO12 Yetkinlikler - İletişim ve Sosyal Yetkinlik Converts its findings into a master's thesis or a professional report in Turkish or a foreign language
PLO13 Beceriler - Bilişsel, Uygulamalı Develops solutions for organizations using Econometrics, Statistics, and Operation Research 3
PLO14 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Performs an individual work to solve a problem with Econometrics, Statistics, and Operation Research 5
PLO15 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Leads by taking responsibility individually and/or within the team 4
PLO16 Yetkinlikler - Öğrenme Yetkinliği Being aware of the necessity of lifelong learning, it constantly renews itself by following the current developments in the field of study
PLO17 Yetkinlikler - İletişim ve Sosyal Yetkinlik Uses a package program of Econometrics, Statistics, and Operation Research or writes a new code 4
PLO18 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 3
PLO19 Yetkinlikler - Alana Özgü Yetkinlik Interprets data on economic and social events by following current issues
PLO20 Yetkinlikler - Alana Özgü Yetkinlik Applies social, scientific and professional ethical values 4


Week Plan

Week Topic Preparation Methods
1 Decision problems and their properties Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
2 Decision Structures Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
3 Decision Tree Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
4 Making a Choice Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
5 Sensitivity Analysis Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
6 Decision Making Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
7 Modeling in Uncertainty Conditions Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
8 Mid-Term Exam Ölçme Yöntemleri:
Yazılı Sınav, Ödev
9 Evaluation of Information Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
10 Utility Theory Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
11 Conflicting Goals and Decision Making Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
12 Multi-Criteria Decision Making Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
13 Analytical Hierarchy Process Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
14 TOPSIS Method Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
15 Decision Analysis with Excel Students will read the relevant chapters of the source books according to the topics of the weekly program Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
16 Term Exams Ölçme Yöntemleri:
Yazılı Sınav, Ödev
17 Term Exams Ölçme Yöntemleri:
Yazılı Sınav, Ödev


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 5 70
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 15 15
Final Exam 1 30 30
Total Workload (Hour) 157
Total Workload / 25 (h) 6,28
ECTS 6 ECTS