73-220

Quantitative Decision
Models I

General Information

Class meetings Section 1: M/W 10:00-11:20; Section 30: M 19:00-21:50

Instructor Dr. Kevin W. Li
Office hours M/W 14:00-16:30 E-mail kwli@uwindsor.ca
Telephone 253-3000 ext 3456 Office Odette Building 510
Secretary Mrs. Connie Beaudoin
Office Odette Building 406 E-mail connieb@uwindsor.ca

Course Description

 An introduction to the use of quantitative approaches to decision making. Topics include

linear programming (model formulation and applications, computer solution, sensitivity
analysis, and interpretation), transportation models, integer programming, project
management PERT/CPM, and basics of inventory models.

Learning Objectives and Expected Outcomes

 Understand the role of quantitative analysis in business decision making.

 Incorporate quantitative models in problem solving and decision making.
 Choose appropriate mathematical models to solve business problems.
 Formulate and solve quantitative models using appropriate computer software.
 Interpret and evaluate the results obtained from the computer analysis of the model.

Textbook and Other Materials

 Anderson, Sweeney, and Williams, An Introduction to Management Sciences:

Quantitative Approaches to Decision Making, 11th Ed., South-Western Publishing, 2005.
 STUDY GUIDE to accompany An Introduction to Management Science, 11th ed.
Prepared by John S. Loucks. This book is NOT required; however, it provides helpful
supplementary study materials. One copy is reserved in the Leddy library.
 To order the required textbook and/or Study Guide, please refer to the bookstore.
Course Website
The course website can be accessed following the link from the University of Windsor Website:
www.uwindsor.ca>Class Notes> Business Administration
 You need your own UWindsor ID and password to access this website. If you have
any difficulty in accessing the course website, please contact the IT Helpdesk at
extension 4440 or helpdesk@uwindsor.ca.
 Course materials, including course outline, lecture notes, assignments, announcements
etc., will be posted on the website on a regular basis.
 Email is reserved for discussing confidential information only. Please post your non-
confidential questions on the on-line discussion board, which will be monitored regularly.
Course Assignments and Marking
Date Percent
Four assignments See below for details 15 %
Midterm Friday, October 27 40 %
Final exam Monday, December 11 45 %
TOTAL 100 %

Four Assignments
Assignment # Assigned Due Weight
1 Sept. 11 Sept. 25 3%
2 Oct. 02 Oct. 23 4%
3 Oct. 23 Nov. 06 4%
4 Nov. 13 Nov. 27 4%
1. Assignments are individual work and to be collected during the first 10 minutes of the
classes on their respective due dates. Late assignments after 10:10 and up to 11:20 for the
morning section and after 19:10 and up to 21:50 for the evening section on the due dates
will be accepted with a 30% penalty. Any submission beyond this time window on the
due dates will NOT be accepted.
2. Assignments must be stapled and put inside a sufficiently large envelope with your student
ID number, name, course title and number, and assignment number on it.
3. You MUST hand in your assignments to the section that you OFFICIALLY
REGISTER. For instance, if you officially register in Section 01 (i.e., your name appears on
the class list of Section 01), your assignments must be handed in by 10:10 on the respective
due dates even if you usually attend classes with Section 30 in the evening.
Midterm Exam (closed-book) – Friday, October 27, 19:00-22:00.
Room assignment: TBA and will be posted on the website. 40%
1. Midterm exam covers the contents from Chapters 1 through 7 (excluding Chapters 5 and 6)
and may contain some topics discussed in class but not in the textbook.
2. A one-page-single-sided-letter-sized aid sheet and a stand-alone non-programmable
calculator are allowed.
Final Exam (closed-book) – Monday, December 11, 12:00-15:00, Slot 6. 45%
1. Final exam is comprehensive and covers all topics discussed during the semester with an
emphasis on the post-midterm contents.
2. A one-page-single-sided-letter-sized aid sheet and a stand-alone non-programmable
calculator are allowed.
Odette School of Business Grading Policy:
In accordance with the Odette School of Business (OSB) recommendations, the following
conversion scale will be applied to determine final course grades.
93 and up A+ 86 – 92.9 A 80 – 85.9 A-
77 – 79.9 B+ 73 – 76.9 B 70 – 72.9 B-
67 – 69.9 C+ 63 – 66.9 C 60 – 62.9 C-
57 – 59.9 D+ 53 – 56.9 D 50 – 52.9 D-
35 – 49.9 F 0 – 34.9 F-
The grading policy for the OSB requires the class average for 73-220 to be in the C range.
Missed Exams and Assignments
The usual policy for the Business School is that a missed assignment or exam will be given a
mark of zero (0) unless prior arrangements are made by the student with the instructor or the
registrar. This zero may be changed for medical, compassionate, or other valid reasons if
approved by the instructor.
Missed Midterm Exams
1. For missed midterms with legitimate reasons (e.g., three midterms in one day, religious
conviction, family emergency, hospital stay, or serious illness) supported by sufficient
documents (to be handed in to the instructor within two weeks from the scheduled
midterm date), deferred midterms will be administered on the last day of the final exam
period. The date and time of this deferred midterm will be scheduled by the Dean’s office.
2. If you miss the midterm without legitimate reasons or fail to submit your documents to the
instructor by November 10, 2006, your midterm will be assigned a grade of zero.
3. Normally, written documentation stating specific reasons and dates is required, and a
short note on a prescription pad is usually NOT acceptable.
Final Exam Conflicts
Alternative or make-up FINAL exams are allowed for students who have three (3) exams in one
day, or if the date conflicts with religious conviction. Approvals for this privilege are obtained
only by application to the registrar’s office before the end of the fourth week of classes of the
current term.
Medical or Compassionate Reasons for Make-up Final Exam
Except for the conflicts described above, make-up final exams are permitted only for acceptable
and verifiable medical or compassionate reasons. These might include hospital stays, serious
illness, family emergencies, or similar circumstances. Normally, written documentation stating
specific reasons and dates is required, and a short note on a prescription pad is usually not
acceptable.
Make-up Final Exam Procedure
For all make-up final exams, Odette students must complete the form available from the Dean’s
suite receptionist, and have it approved by the instructor. The form is to be returned to the
receptionist for approval in the Dean’s office. Dates and times of make-up exams are scheduled
by the Dean’s office. There is a fee for this service except for make-ups previously approved by
the registrar for religious reasons or instances of three exams in one day.
Academic Integrity and Code of Conduct
Academic honesty is expected of all students and included in the Student Code of Conduct.
Students are expected to behave in a manner that ensures their work is judged accurately and
fairly. Plagiarism, unauthorized collusion, or cheating in any form are serious offences whether
in examinations, quizzes, assignments or other course components contributing to the final
grade. All assignments and exams in this course are to be completed individually.

When there is academic dishonesty of any form, the instructor is unable to assess the academic
merit of the work that is submitted, hence is unable to assign a mark to the work and the normal
default grade is zero (0) on the test, project or assignment in question. There will be no
supplementary exam or assignments for individuals who have breached this code of conduct. In
the case of team or group assignments, each team member is responsible for the contents of all
the work that is submitted for grading and every team member is subject to the default grade.
Occurrences of plagiarism or cheating are reported to the Associate Dean and disciplinary
proceedings may be initiated pursuant to Senate Bylaw 31.

The University of Windsor policy on plagiarism (See: University of Windsor Calendar,

http://cronus.uwindsor.ca/registrar, 2.4.21 Policy on Plagiarism or the web page of the academic
integrity office: uwindsor.ca/aio) will be strictly followed and enforced for all assignments and
projects. In this course your assignment might be submitted to electronic verification for the
detection of plagiarism. To avoid penalty, if someone else’s words are used, even if they are
segments as short as a phrase, they should be placed in quotation marks and properly cited or
referenced. This includes information and text from web sites, books, brochures, journals or
other sources.

Student Evaluation of Teaching (SET)

Administration of the SET form will be at the beginning of a class within the last two weeks of
the class schedule. The instructor will leave the classroom during the evaluation period and a
student will be selected from class to distribute and collect the evaluation forms. At the end of
the evaluation, the completed forms will be placed in an envelope and then sealed. The student
and instructor should sign across the sealed flap, and the student will then return the sealed
envelope to the appropriate secretary’s office.

Registration, Adding, and Dropping Courses

It is your responsibility to make sure you are officially registered in this course. Check the class
list on the SIS before the day of the “late registration date”. You will not be registered for this
course after that date, nor is any switching of sections allowed. If you are not officially
registered in this course by the late registration date, you will not be graded in any way. The
late registration date for the present semester can be found at the “Important Dates” link at
http://www.uwindsor.ca/registrar.
 73-220 – COURSE OUTLINE – FALL 2006
WEEK OF TOPICS CHAPTER
READINGS
1, 2 MANAGEMENT SCIENCE CONCEPTS 1 and 2
Sept 11a. Quantitative analysis and decision making 1.1-1.3
Sept 18 b. Using Excel for breakeven analysis 1.4, Appendix 1.2
c. Basic concepts in Linear Programming (LP) 2.1, 2.5, 2.6, 2.7
d. Using Excel to solve LP problems 2.4, Appendix 2.3
e. Graphical solutions for 2-variable problems 2.2, 2.3
3, 4 APPLICATIONS OF LP MODELS 4
Sept 25 a. Portfolio selection 4.2
Oct 02 b. A Make-or-buy problem 4.3
c. A personnel scheduling problem P207, Problem 8
d. A blending problem 4.4
e. A Production and inventory planning problem 4.3
f. A financial planning problem 4.2
5
Oct 09 Oct 09, Happy Thanksgiving Day, no class
Oct 11, Seminar on “Study Smarter not Harder” will be offered
6 SENSITIVITY ANALYSIS OF LP 3
Oct 16 a. The effect of changes in the data of the problem 3.1, 3.3, 3.4, 3.5
• Range of optimality
• Dual or shadow prices
b. Sensitivity analysis report
7 SPECIAL LP MODELS 7
Oct 23 a. Transportation problems 7.1
b. Assignment problems 7.2
c. Transshipment problems 7.3
Midterm Friday, October 27, 19:00-21:00
8, 9 INTEGER PROGRAMMING MODELS 8
Oct 30 a. Differences between LP and ILP 8.1, 8.3, 8.4
Nov 06 b. Capital budgeting problem
c. Fixed cost models and distribution design
10, 11 PROJECT SCHEDULING: PERT/CPM 10
Nov 13 a. Project scheduling with known activity times 10.1
Nov 20 b. Project scheduling with uncertain activity times 10.2
c. Considering time-cost trade-offs 10.3
12, 13 INVENTORY MANAGEMENT
Nov 27 a. Economic order quantity (EOQ) model 11.1
Dec 04 b. EOQ model with quantity discounts 11.4
c. Review for final exam
Final Exam Monday, December 11, 12:00-15:00