Module overview
Aims and Objectives
Learning Outcomes
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- how to model a wide range of business problems using optimisation techniques;
- how to use a standard linear programming package.
- how to recognise and be able to formulate and solve problems that require integer programming and goal programming;
- how to obtain sensitive analysis reports, and understand the concept of duality;
- how to solve linear programming problems using different techniques;
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- critically analyse and interpret the solutions of decision-making.
- apply the principles and techniques to solve practical business problems;
Transferable and Generic Skills
Having successfully completed this module you will be able to:
- teamwork;
- computer skills.
- problem structuring and solving;
- decision making;
Syllabus
Learning and Teaching
Teaching and learning methods
Type | Hours |
---|---|
Teaching | 24 |
Independent Study | 126 |
Total study time | 150 |
Resources & Reading list
Textbooks
B Render, RM Stair Jr. and N Balakrishnan (2012). Managerial Decision Modelling with Spreadsheets. Prentice Hall.
FS Hillier and MS Hillier (2013). Introduction to Management Science: a Modelling and Case Study Approach with Spreadsheets. McGraw-Hill.
BW Taylor III (2012). Introduction to Management Science. Pearson.
DR Anderson, DJ Sweeney, TA Williams AND M Wisniewski (2010). Introduction to Management Science: Quantitative Approach to Decision Making (Int'l Ed). South-Western.
Assessment
Formative
This is how we’ll give you feedback as you are learning. It is not a formal test or exam.
Questions and answers
- Assessment Type: Formative
- Feedback: Questions are presented during lectures to test students’ knowledge. Individual/summative feedback is given. The individual feedback is provided for computer labs.
- Final Assessment: No
- Group Work: No
Summative
This is how we’ll formally assess what you have learned in this module.
Method | Percentage contribution |
---|---|
Group work | 20% |
Individual Coursework | 80% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
Method | Percentage contribution |
---|---|
Individual Coursework | 100% |
Repeat
An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.
Method | Percentage contribution |
---|---|
Individual Coursework | 100% |
Repeat Information
Repeat type: Internal & External