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| GEST1035-1

 | Management science

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| Duration : | 30h Th | |
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| Holder(s) : | Thierry Houben | |
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| Course contents :
| Linear programming : definition & objectives, analytical & graphic solutions, simplex algorithm, practical rule, dual problem, parametrization techniques , numerical examples & case study. -Models solving with simulation -Concrete problem solving with a selection of software: linear programming with integers and dynamic programming
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| Course objective :
| Definition & integration of the optimization concept in the economic & financial environment. Introduction to Operational Research methods Training for optimization techniques through the analysis of decision making models | |
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| Prerequisites :
| MQG 704 Mathematics MQG 716 Mathematics Ability to use MS-Office Suite ( Word, Excell, Access, Powerpoint , etc.) | |
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| Organization :
| -Course exclusively taught in English -Structural presentation based on animated projections -desk research on the internet by the students -various presentations by students -cases studies -exercises in relation with the presentations -course notes and transparences available | |
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| Written notes :
| - ANDERSON, SWEENEY, WILLIAMS, "An introduction to Management Science - Quantitive Approaches to Decision Making", 8th Edition, 1997, West Publishing Company, Minneapolis/St Paul. - FOGIEL M., "The Operations Research Problem Solver", Staff of Research and Eduction Association, 1987, New York. - SYD Urry, "Introduction to Operational research", Longman, 1990. - HAMDY A. Taha, "Operations Research, An Introduction", 4th Edition, 1987, Mc Millan Publ. Company, New York. - HILLIER F.S., LIEBERMAN G.J., "Operations Research", 1974, Holden-Day Inc., San Francisco. - VEDRINE J.-P., "Techniques quantitatives de Gestion", 1985, Vuibert.
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| Assessment :
| 1st session assessment : comprehension test throughout the course; critical analysis of the information found on the Internet; oral examination 2nd session assessment : full oral examination prolonged 2nd session assessment : idem 2nd session | |
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