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| GEST1035-1 | Management science
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| Duration : | 30h Th |
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| Credits/ECTS : |
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| Holder(s) : | Thierry Houben |
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| Language : | Langue anglaise |
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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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