DE LA SALLE UNIVERSITY COURSE SYLLABUS COLLEGE : COLLEGE OF BUSINESS DEPARTMENT: DSI COURSE CODE : MANASCI CLASS DAYS AND

CLASS TIME: TH, 1800-1930/1940-2110 ROOM: L330 INSTRUCTOR: MR. ENRICO L. CORDOBA (lance_emeric@yahoo.com) COURSE DESCRIPTION: MANASCI (MANAGEMENT SCIENCE) is a 14-week course on the study of quantitative techniques in business decision-making. The course covers linear programming models and its special algorithms; network (PERT/CPM) models; decision-making theories and processes; and decision tree construction and analysis. LEARNING OUTCOMES (LO): On completion of the course, the student is expected to be able to do the following: ELGA Effective communicators LEARNING OUTCOME

To present in class the application of quantitative techniques to management decision models through case analysis To develop analytical thinking and proper reasoning in the application of quantitative techniques to management decision models To acquire the essential skills for the proper use of quantitative techniques in business decisionmaking To identify the various mathematical tools used in business decision-making To apply the theories of quantitative analysis in solving business problems To be proficient in building quantitative models in business decision-making To establish the habits of neatness and orderliness in presenting written solutions to problems Challenge the Lasallian learners to realize their full potential in applying quantitative techniques through creativity, innovativeness, honesty, and perseverance. Ensure that the learners translate knowledge, innovation, and creativity into something useful in actual practice for the betterment of society and the Church. Prepare the learners to participate responsibly in the world of work, family, community, nation, and Church by developing values of honesty, patience, and perseverance in the process of finding solutions to problems; and Bring a Christian perspective to bear on human understanding, skills and values of the learners through the realization of the role of quantitative techniques in decision-making in enabling businessmen to be more socially responsible.

Critical and creative thinkers

Technically proficient and competent professionals and leaders

Service-driven, ethical, and socially responsible citizens

COURSE OUTPUT: As evidence of attaining the above learning outcomes, the student is required to do the following during the indicated dates of the term. LEARNING OUTCOME LO 1: present in class the application of quantitative techniques to management decision models REQUIRED OUTPUT Case Analysis DUE DATE At the end of each major quantitative model group (see Learning Plan)

LO 2: apply the theories of quantitative analysis in solving business problems and to be proficient in building quantitative models in business decision-making LO 3: apply the theories of quantitative analysis in solving business problems; establish the habits of neatness and orderliness in presenting written solutions to problems LO 4: realize of the role of quantitative techniques in decision-making in enabling businessmen to be more socially responsible.

Case Analysis

At the end of each major quantitative model group (see Learning Plan)

Quizzes and Final Exam

At the end of each major quantitative model group (see Learning Plan)

Case Analysis and Quizzes

At the end of each major quantitative model group (see Learning Plan)

RUBRIC FOR ASSESSMENT OF CASE ANALYSIS: CRITERIA STRONG ACCEPTABL UNACCEPTABLE E 4 3 2 Define the Accurately Accurately Misinterprets problem interprets interprets evidence, evidence, evidence, statements, statements, statements, graphics, graphics, graphics, questions, etc. questions, questions, etc. etc.

WEAK 1 Offers biased interpretatio n of evidence, statements, graphics, questions, information, or the points of view of others. Fails to identify or hastily chooses model Fails to identity or hastily gathers relevant data suitable for chosen model Does not justify results or procedures, nor explain conclusions Ignores or superficially evaluates obvious alternative points of view.

RATIN G

Develop a model

Acquire input data

Develop and test the solution

Analyze the results

Identifies the most important arguments for choice of model Identifies and gathers the most important data suitable for chosen model Draws warranted and sensible conclusions based on solution Thoughtfull y analyzes and evaluates major alternative points of view

Identifies relevant arguments (for choice of model) Identifies and gathers relevant data suitable for chosen model

Fails to identify strong, relevant arguments for choice of model Fails to identify and gather relevant data suitable for chosen model

Draws warranted conclusions based on solution Offers analyses and evaluations of obvious alternative points of view

Draws unwarranted of fallacious conclusions

Ignores or superficially evaluates obvious alternative points of view

GRADING SYSTEM: Final Grade Quizzes Class Participation Case Analysis Final Dept. Exam

40% 10% 20% 30% 100%

GRADE POINT EQUIVALENT 97-100 93-96 89-92 85-88 80-84

4.0 3.5 3.0 2.5 2.0

75-79 Passing grade is 70% LEARNING PLAN: LEARNING OUTCOME TOPIC Orientation Ensure that the learners translate knowledge, innovation, and creativity into something useful in actual practice for the betterment of society and the Church. To apply the theories of quantitative analysis in solving business problems; To be proficient in building quantitative models in business decision-making; To develop analytical thinking and proper reasoning in the application of quantitative models to management decision models. Introduction to Management Science WEEK NO. 1 2

1.5

LEARNIG ACTIVITIES

Discuss course syllabus and

class policies Lecture and discussion on: Origins of Management Science/ Operations Research Significant contributions of scientists to Operations Research

Linear Programming

To apply the theories of quantitative analysis in solving business problems; To be proficient in building quantitative models in business decision-making; To develop analytical thinking and proper reasoning in the application of quantitative models to management decision models.

Project Management

Lecture and discussion on: Linear Programming and Formulation Graphical Method to Solving Linear Programming Problems Lecture and discussion on: Simplex Methods to Solving Linear Programming Problems Sensitivity Analysis/PostOptimality Analysis Dual Program/Shadow Pricing Lecture and discussion on: Spreadsheet Modeling Use of Available Software in Management Science Quiz # 1 Presentation and discussion of Case # 1 Lecture and discussion on: Networks The Shortest-Route problem The Minimum Spanning Tree problem The Maximal Flow problem Program Evaluation and Review Technique (PERT) Lecture and discussion on: Stochastic PERT Critical Path Method (CPM) Optimum Completion Time, Slack Time Cost PERT/Cost Crashing a projects completion time

8 To apply the theories of quantitative analysis in solving business problems; To be proficient in building quantitative models in business decision-making; Transportation Model

Presentation and discussion

of Case # 2 Lecture and discussion on: General Transportation Model Solving Transportation Problems Heuristically Northwest Corner Rule Greedy Method Row-Minimum Method Vogels Approximation Method

9 To develop analytical thinking and proper reasoning in the application of quantitative models to management decision models. 10

Lecture and discussion on: The Stepping-Stone Method The Modified Distribution (MODI) Method Occurrence of Degeneracy Transshipment Model Assignment Model Quiz # 2 Presentation and discussion of Case # 3 LEARNIG ACTIVITIES Lecture and discussion on: Integer Programming Branch-and-Bound Method Multiple Criteria Decision Making o Goal Programming o Multiple-Objective Linear Programming (MOLP) Lecture and discussion on: Parts of any Queuing System Steps in Queuing Analysis Basic Single Server Model Multi-Server Model Single Server Model with Arbitrary Service Times Single Server Model with Arbitrary Service Times and a Priority Queue Discipline Lecture and discussion on: Steps in Decision Theory Approach The Criteria for Decisionmaking under Uncertainty Decision-making under the condition of Risk Expected Monetary Value Constructing a Decision Tree Lecture and discussion on: Application of Game Theory in Business Decision-Making Steps in using the Analytic Hierarchy Program in Business Decision-Making Quiz # 3 Presentation and discussion of Case # 4 Final Examinations

LEARNING OUTCOME To apply the theories of quantitative analysis in solving business problems; To develop analytical thinking and proper reasoning in the application of quantitative models to management decision models.

TOPIC Integer Programming Multiple Criteria Decision Making Queuing

WEEK NO. 11

To apply the theories of quantitative analysis in solving business problems; To develop analytical thinking and proper reasoning in the application of quantitative models to management decision models.

Decision Theory

12

Game Theory Analytic Hierarchy Program 13

14

TEXT/ MATERIALS: Render, B., Stair, R., & Hanna, M. (2009). Quantitative Analysis for Management (10th ed.) Upper Saddle River, NJ: Pearson Education, Inc. REFERENCES Anderson, D., Sweeney, D., & Williams, T. (2001). Quantitative Methods for Business (8th ed.). Cincinnati, OH: South Western College Pub. Levin, R., Rubin D., Stinson, J., & Gardner, E. (1992). Quantitative Approaches in Management (8th ed.). New York: McGraw Hill. Taylor, B. (2007). Introduction to Management Science (9th ed.). Upper Saddle River, NJ: Pearson Education, Inc. CLASS POLICIES: Please refer to the student handbook.