Faculty Of Economıc, Admınıstratıve And Socıal Scıences
Busıness Admınıstratıon ( Englısh )

Course Information

NUMERICAL METHODS
Code Semester Theoretical Practice National Credit ECTS Credit
Hour / Week
MAN306 Spring 3 0 3 5

Prerequisites and co-requisites None
Language of instruction English
Type Required
Level of Course Bachelor's
Lecturer Assist.Prof.Dr. Kenan ORÇANLI
Mode of Delivery Face to Face
Suggested Subject None
Professional practise ( internship ) None
Objectives of the Course To provide an introduction to some concepts of probability theory and statistics, and also decision theory and multi criteria decision making with applications of enterprises problems.
Contents of the Course Permutations, Combinatins, Probability, Discrete and Continuous random variables with their probability distributions and expectations, Samping distributions.

Learning Outcomes of Course

# Learning Outcomes
1 will be able to define knowledge about sets.
2 will be able to define knowledge about probability theory.
3 will be able to apply probability distributions.
4 will be able to define decision theory and utility.
5 will be able to define linear programming models.
6 will be able to define data envelopment analysis.
7 will be able to define analytical hierarchic prosess.
8 will be able to define basics of project management.

Course Syllabus

# Subjects Teaching Methods and Technics
1 Body of Knowledge, Problem Solving and Decision Making, Quantitative Analysis and Decision Making Synchronous (lms.toros.edu.tr)
2 Quantitative Analysis Models of Cost, Revenue, and Profit Quantitative Methods in Practice and Modelling Synchronous (lms.toros.edu.tr)
3 Linear Programming Problem Problem Formulation, Maximization Problem, Graphical Solution Procedure Synchronous (lms.toros.edu.tr)
4 Slack and Surplus Variables, Computer Solutions with Excel and GAMS Synchronous (lms.toros.edu.tr)
5 Linear Programming Problem Problem Formulation, Minimization Problem, Graphical Solution Procedure Synchronous (lms.toros.edu.tr)
6 Examples with Minimization / Minimization Problems and Computer Solutions with Excel and GAMS Synchronous (lms.toros.edu.tr)
7 Introduction to Sensitivity Analysis Synchronous (lms.toros.edu.tr)
8 Mid-Term Exam. Written exam
9 Right-Hand Sides, Shadow Price, Relevant Cost and Sunk Cost, Range of Feasibility Synchronous (lms.toros.edu.tr)
10 Simultaneous Changes, Changes in Constraint Coefficients Synchronous (lms.toros.edu.tr)
11 Marketing Applications, Financial Applications, Operations Management Applications Synchronous (lms.toros.edu.tr)
12 Marketing Applications, Financial Applications, Operations Management Applications Synchronous (lms.toros.edu.tr)
13 Decision Analysis (Problem Formulatıon, Decısıon Makıng Wıthout Probabılıtıes, Decısıon Makıng Wıth Probabılıtıes) Synchronous (lms.toros.edu.tr)
14 Decision Analysis (Rısk Analysıs and Sensıtıvıty Analysıs, Decısıon Analysıs wıth Sample Informatıon, Computıng Branch Probabılıtıes wıth Bayes’ Theorem, Utılıty Theory) Synchronous (lms.toros.edu.tr)
15 Scorıng Models and Analytıc Hıerarchy Process Synchronous (lms.toros.edu.tr)
16 Final Exam Written exam

Course Syllabus

# Material / Resources Information About Resources Reference / Recommended Resources
1 An Introduction to Management Science:Quantitative Approaches to Decision Making, , Fourteenth Edition David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann
2 Practical Management Science, 6th Edition Wayne L. Winston and S. Christian Albright

Method of Assessment

# Weight Work Type Work Title
1 40% Mid-Term Exam Mid-Term Exam
2 60% Final Exam Final Exam

Relationship between Learning Outcomes of Course and Program Outcomes

# Learning Outcomes Program Outcomes Method of Assessment
1 will be able to define knowledge about sets. 3͵4͵7 1͵2
2 will be able to define knowledge about probability theory. 3͵4͵7 1͵2
3 will be able to apply probability distributions. 3͵4͵7 1͵2
4 will be able to define decision theory and utility. 3͵4͵7 1͵2
5 will be able to define linear programming models. 3͵4͵7 1͵2
6 will be able to define data envelopment analysis. 3͵4͵7 1͵2
7 will be able to define analytical hierarchic prosess. 3͵4͵7 1͵2
8 will be able to define basics of project management. 3͵4͵7 1͵2
PS. The numbers, which are shown in the column Method of Assessment, presents the methods shown in the previous table, titled as Method of Assessment.

Work Load Details

# Type of Work Quantity Time (Hour) Work Load
1 Course Duration 14 3 42
2 Course Duration Except Class (Preliminary Study, Enhancement) 14 3 42
3 Presentation and Seminar Preparation 0 0 0
4 Web Research, Library and Archival Work 0 0 0
5 Document/Information Listing 0 0 0
6 Workshop 0 0 0
7 Preparation for Midterm Exam 1 16 16
8 Midterm Exam 1 2 2
9 Quiz 0 0 0
10 Homework 2 9 18
11 Midterm Project 0 0 0
12 Midterm Exercise 0 0 0
13 Final Project 0 0 0
14 Final Exercise 0 0 0
15 Preparation for Final Exam 1 27 27
16 Final Exam 1 3 3
  150