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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS LGM 4013 DECISION MODELLING IN SUPPLY CHAIN NETWORKS ELECTIVE 3 0 0 5

Offered By

Logistics Management

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSISTANT PROFESSOR VOLKAN ÇETINKAYA

Offered to

Logistics Management

Course Objective

This course will introduce students to the theory behind making decisions while being confronted with uncertainty.

Learning Outcomes of the Course Unit

1   Students will be able to make an appropriate decision under certainty. 2   Students will be able to implement different technics for decision making under uncertainty. 3   Students will learn about individuals' attitudes against risks end uncertainty.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description 1 Introduction to decision modelling 2 Systemathic Approaches for Decision Making 3 Decision Making under uncertainty 4 Decision Making under uncertainty 5 Decision Trees and Influence Diagrams 6 Decision Trees and Influence Diagrams 7 Bayesian Analysis 8 Bayesian Analysis 9 Utility Theory 10 Utility Theory 11 Multi-criteria Decision Making 12 Multi-criteria Decision Making 13 Game Theory 14 Managerial Decision Making 15 Presentations 16 Final Exam

Recomended or Required Reading

Managerial Decision Modeling with Spreadsheets, Nagraj Balakrishnan , Barry Render, Ralph M. Stair Prentice Hall; 3 edition, January 10, 2012 DECISION ANALYSIS FOR MANAGEMENT JUDGMENT, PAUL GOODWIN & GEORGE WRIGHT, 5th Edition, Wiley

Planned Learning Activities and Teaching Methods

Online presentation, Literature review, case studies

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 MD Midterm 2 HW Homework 3 FIN FINAL EXAM 4 FCG FINAL COURSE GRADE MD * 0.30 + HW * 0.20 + FN * 0.50 5 RST RESIT 6 FCGR FINAL COURSE GRADE (RESIT) MD * 0.30 + HW * 0.20 + BUT * 0.50

Further Notes About Assessment Methods

None

Assessment Criteria

Oral and written competencies regarding the use of knowledge, abilities and skills in the field of Decision Making in terms of research, investigation and evaluation will be evaluated.

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

Room: 211 Tel: 301 88 21 mail: volkan.cetinkaya@deu.edu.tr

Office Hours

Monday 11:00-12:00

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 14 3 42 Preparations before/after weekly lectures 12 4 48 Preparation for midterm exam 0 6 0 Preparation for final exam 1 10 10 Preparing assignments 1 10 10 Preparing presentations 1 5 5 Final 1 2 2 Midterm 0 2 0 TOTAL WORKLOAD (hours) 117

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 PO.11 PO.12 PO.13 LO.1 3 3 3 3 3 3 3 LO.2 3 3 5 3 3 3 3 3 3 LO.3 3 3 5 3 3 3 3 3