This
course introduces the students to the tools of management science methodology
and their applications in analyzing varieties of business problems. The course
content will focus on mathematical programming, such as linear programming and
applications to special types of problems in business management, product mix
problems, the transportation problem, transshipment problem, and assignment
problem. Other topics in the course include network models such as PERT-CPM
techniques and their applications in project management: dynamic programming; game
theory: two-person; zero-sum games and their applications in management
decision situations; decision theory; queuing theory; inventory models; Markov
decision processes and their applications; decision support systems;
applications of computer software and packages, including using internet in QA
problem-solving will be introduced.
Level of Study: 300 Level