Course Name	Quantitative approach to management
Credits	3
Professor(s)	Name	Hag-Soo Kim
	Affiliation	Dept. of Business Administration

COURSE DESCRIPTION

Course Objectives

In this course we will study optimization that has attracted researchers in many disciplines over a period of centuries. This course will cover a broad range of methodologies, which find applications in a vast array of disciplines. In the first part of the course, we will focus on Linear Programming and its application in industries. Microsoft Excel will be used as the tool for optimization.

The second part of the course will cover probabilistic model of the management science and different theoretical topics such as markovian models and queueing theory will be covered with simulation study using Microsoft Excel.

In this course we will try to help students to understand how to solve practical problems they encounter in practice using Microsoft Excel. Students can collaborate on all assignments (but not the exam), but each student is expected to write up the homework solutions individually, even after collaborating on the solution content.

MAIN TEXTBOOK and FURTHER READINGS

MAIN TEXTBOOK

Lecture Notes are offered in each week and no fixed main textbook for this course.

ADDITIONAL READINGS

1) Spreadsheet Modeling and Decision Analysis, Cliff Ragsdale

2) 엑셀활용 경영과학, 김기석 (Excel 참고도서, 도서관 소장)

3) Handout

ASSIGNMENTS AND GRADING

Assignments: Three Home Works

Grading Scheme:

Class Attendance: -20 points X  (no. of missing class -2)

if you are absent more than two times during the semester.

Home Work Report: 20%  (200 points)

(Each HW: 50 points

Delay penalty: 10 points per day)

Midterm Exam: 35%  (350 points)

Final Exam: 45%  (450 points)

COURSE SCHEDULE

Course Outline

CONTACT DETAILS

Tel:772-1522 ;              e-mail: bbhskim@gnu.ac.kr