ECTS - Quantitative Methods
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 | Free Elective |
| Course Level | Social Sciences Master's Degree |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Demonstration, Drill and Practice. |
| Course Lecturer(s) |
|
| 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;
|
| 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 | 1. To be able to combine and use the knowledge of their own undergraduate program area with the knowledge of business administration. | X | ||||
| 2 | 2. To have information about the structure and functioning of the financial system and each financial institution. | X | ||||
| 3 | 3. To have information about regulations and legislation related to financial institutions | X | ||||
| 4 | 4. To be able to see the risks that different financial institutions are exposed to and gain the ability to produce basic solutions. | X | ||||
| 5 | 5. To have knowledge about basic investment strategies. | X | ||||
| 6 | 6. Having knowledge about research methods and techniques and being able to use them. | X | ||||
| 7 | 7. To have information about the institutional characteristics of emerging and developed markets and investment strategies for bonds, stocks and derivatives in these markets. | X | ||||
| 8 | 8. To have the ability to reach scientific knowledge in the field of business, to monitor, evaluate and apply the current literature | X | ||||
| 9 | 9. To be able to transfer information about the business area by using effective verbal, written and visual communication methods. | X | ||||
| 10 | 10. To be aware of professional ethics, environmental awareness, sustainability, social responsibility, cultural, social and universal values | X | ||||
| 11 | 11. To be able to work effectively with different disciplines or multicultural teams, to take responsibility, to make risk analysis, to keep up with change, to think critically and to use initiative in problem solving. | X | ||||
| 12 | . | X | ||||
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 | ||