Spring 2012ISDS 514 – DECISION MODELS FOR BUSINESS AND ECONOMICSCOURSE SYLLABUSWeek ofTOPICSSpring 2012ISDS 514 – DECISION MODELS FOR BUSINESS AND ECONOMICSCOURSE SYLLABUSINSTRUCTOR: Dr. Zvi DreznerOFFICE: SGMH4129 TELEPHONE: (657) 278-2712 SECRETARY: (657) 278-2221E-MAIL ADDRESS: [email protected]: http://business.fullerton.edu/isds/zdreznerOFFICE HOURS: MW 3:45-4:00, MW 10:15-11:30 a.m.GRADING: 30% Each Midterm10% Group ProjectExams are open book and notes and are not comprehensive in nature. Academic dishonesty willresult in a grade of "F" in the course. Homework will not be graded but it is nearly impossibleto do well in this course without successfully completing the homework problems. Plus/minusgrading will be used.CONCEPTS: 1. Mathematical Models2. Optimization TheoryOBJECTIVES: 1. Use, development, and limits of mathematical models for decision making.2. Quantitative techniques for frequently used mathematical models.3. Familiarity with computer programs for solvingparticular mathematical models.TEXT: Practical Management Science 4th Edition by Winston and Albright, South-Western.AssessmentThe main purpose of the degree program at the College of Business & Economics (College) at Cal State Fullerton is to provide you with the knowledge and skills that prepare you for a successful career in business. In order to assist us in achieving this goal, we will use a number of assessment tools to track your progress throughout the College curriculum. Please expect to participate in College assessment activities in several of your courses while at CSU, Fullerton. As you do so, you will assist us in identifying our program’s strengths and weaknesses as well as areas for potential improvement. In other words, you are making an important investment in the value of your degree.Tentative ScheduleWeek of TOPICSJan 23 Introduction to Management Science, Linear ProgrammingJan30 Linear Programming ApplicationsFeb 6 Linear ProgrammingFeb 13 Linear ProgrammingFeb 20 President’s day Network ModelsFeb 27 Review, First MidtermMar 5 PERT/CPMMar 12 Decision TheoryMar 19 ForecastingMar 26 Spring BreakApril 2 Review, Second MidtermApril 9 Inventory ModelsApr 16 Inventory ModelsApr 23 Queuing TheoryApr 30 Queuing TheoryMay 7 Computer Simulation, ReviewMay 16 Wednesday 5:00-6:50 Third