Operations Research

Description

To introduce students to the quantitative approach in Quantitative business problems. The purpose of the course is to acquaint the students with quantitative decision-making tools. These tools, collectively discussed under the title of Operations Research have been largely developed since the World War II.

Program

Bachelor Degree in Business Administration - Business Information Systems

Objectives

• The course broadly covers deterministic decision models for planning, decision-making, resource allocation, and control. More specifically these models are discussed in the context of: Linear Programming, Transportation, Transshipment and Assignment, and project management. In particular, the course focuses on thinking structurally about decision problems and applying quantitative techniques in solving them. The course is designed to equip future manager with a conceptual understanding of quantitative decision.