Kuwait University

College of Business Administration Department of Quantitative Methods and Information Systems

SEMESTER: Course Number: Course Title: Prerequisites: INSTRUCTOR: Twitter: e-mail: Office Hours: Spring 2014 QMIS 205 Introduction to Management Science English 115 Dr. Mohammad Askar @DrMAskar askar.cba@gmail.com Sunday & Tuesday 3:50pm 5:05pm, Monday 9:15am 9:45am

REQUIRED TEXT: Bernard W. Taylor III. Introduction to Management Science, 11th edition (Global edition), Pearson, 2013. READING LIST: A) Recommended Books: J. Lawrence and B. Pasternack, Applied Management Science: A Computer-Aided Approach for Decision Making, John Wiley & Sons, 2004. S. Powell and K. Baker, The Art of Modeling with Spreadsheets: Management Science, Spreadsheet Engineering, and Modeling Craft, John Wiley & Sons, 2004. B) Recommended Articles: Operations Research in the eBusiness era, Special Edition, Interfaces, Vol. 31, No. 2, March-April 2001 COURSE OBJECTIVES: This course is designed to develop a basic understanding and competence in the use of quantitative methods to modeling and solving managerial problems. The focus is on optimization and modeling techniques such as linear and integer programming. Spreadsheet modeling (EXCEL) is used for solving these problems. Throughout the course practical examples are provided and issues faced by the managers are discussed so that students will have a good grasp of the real world managerial decision-making environment. COURSE CONTENT: The broad range of quantitative methods and optimization techniques which have proven to be the most useful in managerial decision making will be covered with a focus on these techniques: 1. Linear Programming (LP) 2. Solution of Linear programming and Sensitivity Analysis 3. Integer Programming (IP) 4. Transportation, Transshipment and assignment Problems

METHODOLOGY: The primary method of instruction will be lectures with problems which require formulation and intensive solution analysis extended by classroom discussions. In addition, a great emphasis will be on interpretation of the results and their short-term and long-term business implications. When formulating and solving a problem, special attention will also be given to assumptions made, the limitations, advantages, and shortcoming of the proposed solution and the feasibility of the solution. ASSIGNMENTS: Homework assignments will be given but will not be collected/graded. Some assigned problems will be solved in the class. However, it is highly recommended that students attempt to solve the assigned problems since it will help them to better comprehend the material discussed in the lectures. GRADING: Grades will be weighted as follows: Class attendance, Class participation and Subjective evaluation Quizzes Midterm (Monday, 24/3/2014, 5pm 6:30pm) Final Exam (Saturday, 10/5/2014, 2pm - 4pm) Final course grades will be based on the intervals shown below.
GRADE % A 95-100 A90-94 B+ 87-89 B 83-86 B80-82 C+ 77-79 C 73-76 C70-72 D+ 65-69 D 60-64 F <60

(5%) (25%) (30%) (40%)

All exams (including quizzes) are closed book and closed notes. Make sure to bring a B2 pencil, an eraser, a pencil sharpener, and a Calculator to all exams. During the exams you cannot use your mobile as a calculator and you are not allowed to borrow a calculator from someone else. STUDENT RESPONSIBILITIES: Students are expected to attend each class and be prepared to discuss the assigned chapters from the text book. Students who miss a class are responsible for obtaining notes and other assignments from other students attending the class. Missing classes and late arrivals will be penalized for missed classes and for late arrivals (both deducted from the class participation component of the course grade). You can miss two classes and are allowed to be late twice during the semester. No doctor notes will be accepted.

CLASS AGENDA
Week
1, 2

Subject/Chapter
Introduction to Modeling Chapter (1) Modeling with Linear Programming Chapter (2)

Topics/Sections/Page Numbers
Introduction (pp. 20-32; 34 39)

3,4

Modeling with Linear Programming (pp. 49-78).

4,5,6

Solving Linear programming Models Chapter (3) Solving examples of Linear Programming Models Chapter (4) Integer Linear Programming Models Chapter (5) Linear Programming Transportation Models Chapter (6)

Computer Solution and Sensitivity Solution:

(pp. 91-94; 98-112).

6,7,8

Linear Programming Applications. (pp.130-133; 135-147; 151-160).

9, 10

Integer Programming Models (pp. 203-210; 213-216; 218-227).

11,12

Transportation, Transshipment and assignment Models. (pp. 252-257; 261-266; 270).