1. General
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SCHOOL |
SCHOOL OF ECONOMIC SCIENCES |
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ACADEMIC UNIT |
DEPARMENT OF ACCOUNTING AND FINANCE |
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LEVEL OF STUDIES |
Undergraduate |
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COURSE CODE |
BA703 |
SEMESTER |
7 | ||
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COURSE TITLE |
Operational Research | ||||
| INDEPENDENT TEACHING ACTIVITIES |
WEEKLYTEACHING HOURS |
CREDITS | |||
| Lectures | 3 | ||||
| Hours Lab | 0 | ||||
| Hours Exercises | 0 | ||||
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Total |
3 | 6 | |||
| COURSE TYPE | Scientific Field, Selection Compulsory, Skills Development | ||||
| PREREQUISITE COURSES | No | ||||
| LANGUAGE OF INSTRUCTION and EXAMINATIONS | Greek | ||||
| IS THE COURSE OFFERED TO ERASMUS STUDENTS | Yes (upon request) | ||||
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COURSE WEBSITE (URL) |
https://
https://eclass.uowm.gr/modules/auth/opencourses.php?fc =68
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2. LEARNING OUTCOMES
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Learning outcomes |
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After successful completion of the course, students are expected to be able to: - Obtain basic knowledge for nature and specific topics of operational research such as decision making process and specifically studying cases studies of management organized systems - Examine linear programming models studying relative problems - Solve problems of linear programming by using simplex method and alternatives - Solve specified problems of linear programming such as transportation and assignment - Apply mathematical methods by using software package of linear programming. - Find out and examine decision making criteria taking into account risk management and uncertainty theory. |
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General Competences |
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• Adapting to new situations • Project planning and management • Working independently • Team work |
3. SYLLABUS
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The course content includes: - Introduction in Business Research: Historical review, Business Research models, Types of models - Linear programming, Simplex methodology and sensitivity analysis - Integer and binary linear programming, problems and applications - Specific problems of linear programming as transportation and assignment, solution methods - Decision theory: decision criteria taking into account risk management and uncertainty theory - Game theory and decision trees methodology |
4. TEACHING and LEARNING METHODS - EVALUATION
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DELIVERY |
Face to face, Learning in practice, Working independently | ||||||||||||||||||||||||
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USE OF INFORMATION AND COMMUNICATIONS TECHNOLOGY |
Learning specific software in lab for projects implementation. The software is easily shared via internet link and students have the possibility to practice with it and work independently. | ||||||||||||||||||||||||
| TEACHING METHODS |
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STUDENT PERFORMANCE EVALUATION |
1. Final Exam(multiple choice, short-answer questions, problem solving) 100% • Laboratory work (30%) • Formal written exams (70%) |
5. SUGGESTED BIBLIOGRAPHY
| -Suggested bibliography: |
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- Koletsos, J and Stogiannis D (2021). Operational Research, Kalmara Eds, Athens - Dinopoulou, V and Chionidis, G.(2005). Introduction in Business Research, Giourdas, eds, Athens -Kostoglou, V. (2003). Business Research, Tziolas eds, Athens. |
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-Related academic journals: |