Quantitative Methods (ISL505) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Quantitative Methods ISL505 General Elective 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language Turkish
Course Type Elective Courses (Group B)
Course Level Social Sciences Master's Degree
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Demonstration, Drill and Practice.
Course Coordinator
Course Lecturer(s)
  • Assoc. Prof. Dr. Pınar Kaya Samut
Course Assistants
Course Objectives Purpose of the course is to introduce quantitative approaches to managerial decision making and apply them.
Course Learning Outcomes The students who succeeded in this course;
  • To solve problems of strategic decision making
  • To utilize quantitative methods in decisions relating to business activities
  • İsabetli çıkarımlara ulaşmak için probleme uygulanabilen çeşitli modellerin sonuçlarını karşılaştırmak ve yorumlamak
Course Content Operational research, structure and solution of decision problems, linear programming, mathematical structure of linear programming, solution techniques of linear programming, graphical method, Simplex method, transportation problems, mathematical structure of transportation problems, solution of transportation problems, MODI test.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Managerial decision making and quantitative approaches Winston Ch.1
2 Decision making models Timör, M. ch. 2
3 Linear programming model Timör,M., ch. 2
4 Formulating linear programming models and solving relevant problems Timör, M. ch. 2,6
5 Solution of Linear Programming Problems Timör, M. , ch. 2,3,6
6 Sensitivity analysis Timör, M., ch. 4
7 Duality Timör,M., ch. 5
8 Solution applications by EXCEL SOLVER
9 presentations
10 Mid-term exam
11 Transportation problem Timör, M., ch. 7
12 Assignment problem Timör, M., ch. 7
13 presentations
14 Network analysis: CPM and PERT Timör, M., ch. 12,13
15 presentations
16 final exam

Sources

Other Sources 2. Hamdy A. TAHA, “Yöneylem Araştırması”, Literatür Yayıncılık, İstanbul, 2003.
3. Frederick S. Hillier, Gerald J. Lieberman, “Introduction to Operations Research”, 8th Edition, McGraw-Hill, New York, 2005.
4. Bernard W. Taylor, “Introduction to Management Science”, 7th Edition, Prentice Hall, Uper Saddle River, N.J., 2002.
4. Wayne L. Winston, Operations Research, Applications and Algorithms
Course Book 5. Mehpare Timor, Yöneylem Araştırması, Türkmen Kitabevi, İstanbul, 2010.

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 3 20
Presentation 3 20
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 30
Final Exam/Final Jury 1 30
Toplam 8 100
Percentage of Semester Work 50
Percentage of Final Work 50
Total 100

Course Category

Core Courses
Major Area Courses
Supportive Courses X
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Obtaining wide knowledge about both Turkey and Global World Trade along with economics.
2 Increasing skills on trade and logistics by getting modern and current trade and logistics knowledge.
3 Getting current extensive knowledge about international business, global marketing, international distribution, international management, logistics, microeconomics, macroeconomics, international economics and policy, international trade theory, foreign trade regulation, customs procedures, international marketing research and international investment.
4 Getting analytical and conceptual foresight and evaluation skills on international business, international logistics, international economics, international trade.
5 Getting knowledge about logistics, distribution channels and its sub chanelles, wholesaling and retailing, on an international level.
6 Getting opportunity working in current positions and being candidate upper positions in the future along with international trade and logistics field.
7 Getting opportunity to evaluate international business, trade and economics along with global perspective.
8 Getting wide knowledge about export and import transactions and their applications.
9 Improving management skills by the knowledge that is usable in daily life.
10 Getting knowledge about international trade law and regulations.
11 Getting a wider perspective and evaluating opportunities on macro environment of international business.

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 10 1 10
Presentation/Seminar Prepration 3 5 15
Project
Report
Homework Assignments 3 5 15
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 20 20
Prepration of Final Exams/Final Jury 1 20 20
Total Workload 128