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Taylor, B. M. (2010). Introduction to management science (10th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall. QM for Windows and Treeplan add-on for Excel. This software is available in the Open Lab at Strayer campuses, and can also be downloaded from the textbook's companion website.

http://wps.prenhall.com/bp_taylor_introms_10/112/28870/7390751.cw/index.html

Scientific Calculator INSTRUCTIONAL MATERIAL - Supporting The following resources provide additional background and supporting information for this course. There is no need to purchase these items for the course.

Buglear, J. (2005) Quantitative methods for business: the A to Z. Oxford, U.K.: Elsevier Butterworth-Heinemann. Anderson, D. R., Sweeney, D. J., Williams, T. A., Camm, J. D., Martin, R. K. (2010) Quantitative methods for business. (11th Ed.) Mason, OH: South-western (Cengage). http://www.msubillings.edu/BusinessFaculty/Harris/LP_Problem_intro.htm Dilgard, L. A. (2009, Summer) Worst forecasting practices in corporate America and their solutions -- case studies. Journal of Business Forecasting, 28 (2), 4 - 13. Retrieved from EBSCO-Host Business Premier database. Begley, S. (2004, April 23). Did You Hear the One About the Salesman Who Traveled Better? The Wall Street Journal (Eastern Edition), p. B.1. Retrieved from ProQuest National Newspapers Expanded database.

COURSE DESCRIPTION Applies quantitative methods to systems management (Decision Theory), and/or methods of decision-making with respect to sampling, organizing, and analyzing empirical data. COURSE OUTCOMES Upon the successful completion of this course, the student will be able to: 1. Describe the role of quantitative methods in business decision making. 2. Analyze decision-making problems electronically. MAT540 Student Version 1124 (2-27-2012) Final Page 1 of 19

Apply the most appropriate forecasting method for the properties of the available data. o Class specific information can be found within the “Class Information” section within the Student Center. Create sensitivity analysis on linear programming model parameters. Create statistical analysis of simulation results. Apply linear programming models to project management applications.3. Each week is divided into sections consisting of readings. 5. you will find a rubric that will be used to evaluate your performance. Use technology and information resources to research issues in Management Science 11. 4. Communicate issues in Management Science. WEEK 1 Course outcome in focus: • Describe the role of quantitative methods in business decision making. activities and assignments. . and assignments. 9. Supporting topics: • Management science approach to problem solving • Model building: break-even analysis • Computer solution • Management science modeling techniques • Business usage of management science techniques • Management science models in decision support systems • Types of probability • Fundamentals of probability MAT540 Student Version 1124 (2-27-2012) Final Page 2 of 19 . 8. 10. 6. Solve integer-programming problems. quizzes. lectures. 7. Each week is divided into sections consisting of activities including readings. Develop solutions for transshipment problems. WEEKLY COURSE SCHEDULE The weekly schedule below describes the learning activities that will help you achieve the course outcomes listed above and the assignments that will be used to measure your mastery of the outcomes. COURSE EXPECTATIONS To obtain the most benefit from this class: • Follow Strayer University’s policies and procedures as well as those specific to this class. • Use technology and information resources to research and communicate issues in Management Science. For selected assignments. Solve linear programming problems. lectures and discussions.

course overview .25 = 25%. find an example of probability being used in your chosen profession.and expectations Activity – Student introductions Lecture/discussion on: Overview of Management science. For example. WEEK 2 Course outcome in focus: MAT540 Student Version 1124 (2-27-2012) Final Page 3 of 19 . Assignment: • Quiz 1 Please take the quiz in the course shell for Week 1 that covers the material in Chapters 1 and 11. Using your favorite search engine. multiple choice. Explain the example and be sure to cite the source of the information clearly. The quiz consists of a combination of true/false. timed quiz that can only be taken once with a time limit of two hours. in the heath field you could say that 1 in 4 women give birth by c-section (Parenting. Management Science • Chapter 11. This means that the probability of giving birth by c-section is 1/4 = 0.• • • Statistical independence and dependence Expected value The normal distribution Weekly Activities: Reading: • Chapter 1. This is an open book. May 2005). and problem questions for a total of twenty questions. Similar probabilities could be found in other professions. ten from each chapter. Probability and Statistics • Review Syllabus Parts I & II Assignments: • Complete Week 1 Quiz Course Lectures: • • • Lecture/discussion on faculty introduction. Each question is worth 2 points. statistics and probability e-Activity – Probability in your profession Do you use probability in your profession? More than likely you do.

Lecture/discussion on decision making without probabilities. Supporting topics: MAT540 Student Version 1124 (2-27-2012) Final Page 4 of 19 . o What are some benefits of using decision trees? o In what ways can decision trees be used for business decisions? Name some real-world examples. The quiz consists of a combination of true/false. This is an open book. Activity – Decision Tree o Explain the parts of a decision tree. multiple choice. and problem questions for a total of twenty questions. Supporting topics: • Components of decision making • Decision making without probabilities • Decision making with probabilities • Decision analysis with additional information Weekly Activities: Reading: • Chapter 12. decision making with probabilities. timed quiz that can only be taken once with a time limit of two hours. • Use technology and information resources to research issues in Management Science.• Analyze decision-making problems electronically. Each question is worth 2 points. Decision Analysis Assignments: • Complete Week 2 Quiz Course Lectures: • • Lecture/discussion on components of decision making through decision trees. WEEK 3 Course outcome in focus: • Create statistical analysis of simulation results. • • Activity – Probability and Decisions o How does the science of probability affect decisions? Why? Assignment: Quiz 2 Please take the quiz in the course shell for Week 2 that covers the material in Chapters 11 and 12.

verification of the simulation model Activity – Simulation o Question for discussion: What is the role of statistical analysis in simulation? • • • Assignment: Assignment #1: JET Copies Case Problem Read the “JET Copies” Case Problem on pages 678-679 of the text. Using simulation estimate the loss of revenue due to copier breakdown for one year. Simulation • Assignments: • Complete Week 3 Case Assignment Course Lectures: • Lecture/discussion on The Monte Carlo process. 4. 2. according to the continuous distribution shown. use a suitable method for generating the number of days needed to repair the copier. In Excel. lost revenue. when it is out of service. write a brief description/explanation of how you implemented each component of the model. use a suitable method for simulating the interval between successive breakdowns. putting it MAT540 Student Version 1124 (2-27-2012) Final Page 5 of 19 . Write 1-2 paragraphs for each component of the model (days-to-repair. 3. In Excel. In Excel.• • • • • • • The Monte Carlo process Computer simulation with excel spreadsheets Simulation of a queuing system Continuous probability distributions Statistical analysis of simulation results Verification of the simulation model Areas of simulation application Weekly Activities: Reading: • Chapter 14. according to the discrete distribution shown. interval between breakdowns. as follows: 1. In a word processing program. Put all of this together to simulate the lost revenue due to copier breakdowns over 1 year to answer the question asked in the case study. computer simulation with excel spreadsheets Activity – Pseudorandom numbers o Why do we use pseudorandom numbers in simulations? o How do pseudorandom numbers affect the accuracy of a simulation? Lecture/discussion on statistical analysis of simulation results. use a suitable method for simulating the lost revenue for each day the copier is out of service. 5.

(b) How confident are you that this answer is a good Did not submit or result not provided. Identified confidence and discussed limitations sufficiently with 80 – 89% accuracy. Provided sufficiently correct result. and clarity. MAT540 Student Version 1124 (2-27-2012) Final Page 6 of 19 . Provided sufficiently developed written description that matches the method 80 – 89% accuracy. logic. Omitted discussion of confidence. but the method and/or implementation had mistakes that affected the validity of the model This component was modeled. Outcome Assessed: Create statistical analysis of simulation results.together). Model number of weeks between breakdowns Did not submit or did not model this component in an appropriate manner Used a method that is recognizably appropriate. • • 0 Unacceptable (0 points) Did not submit or did not model this component in an appropriate manner 1 Developing (6 points) This component was modeled. and clarity. Please submit both of them electronically via the dropbox. Model number of days to repair 2. and/or discussed insufficiently. (a) Answer the question posed in the case study. There are two deliverables for this Case Problem. but the implementation had minor mistakes Used an appropriate method and correctly implemented it 3. the Excel spreadsheet and the written description/explanation. logic. but the implementation had minor mistakes Used an appropriate method and correctly implemented it 4. Provided partially correct result. How confident are you that this answer is a good one? What are the limits of the study? Write at least one paragraph. logic. The assignment will be graded using the associated rubric. Omitted key points. Combine model components to produce a coherent answer to the question posed in the case study. Provided fully correct result. Provide written description and explanation of the simulation Did not submit or described insufficiently. Communicate issues in management science Grading Rubric for JET Copies Case Problem There are 12 possible points in each of the five criteria for a total of 60 points possible. but the method and/or implementation had mistakes that affected the validity of the model Provided partially developed written description that matches the method 70 – 79% accuracy. Model lost revenue due to breakdowns Did not submit or did not model this component in an appropriate manner Used a method that is recognizably appropriate. 6. and clarity. Identified confidence and discussed limitations fully with 90 – 100% accuracy. but the implementation had minor mistakes 3 Exemplary (12 points) Used an appropriate method and correctly implemented it Criteria 1. 2 Competent (9 points) Used a method that is recognizably appropriate. 5. Provided fully developed written description that is correct and matches the method used with 90 – 100% accuracy. but the method and/or implementation had mistakes that affected the validity of the model This component was modeled. accuracy. Answer the question posed in the case study. Discussed limitations partially with 70 – 79% accuracy.

In numerous firms (especially smaller ones). time series methods There are many ways to forecast the future. 5. the entire process is subjective. exponential smoothing. Select the forecasting model or models. 1 month to 1 year (medium term). Select the items or quantities that are to be forecasted. trend projections. and least squares regression analysis. Determine the use of the forecast what objective are we trying to obtain? 2. MAT540 Student Version 1124 (2-27-2012) Final Page 7 of 19 . Make the forecast. Validate the forecasting model. Eight Steps to Forecasting 1. such as moving averages. involving intuition. the same eight overall procedures that follow are used. Determine the time horizon of the forecast is it 1 to 30 days (short term). and years of experience. Regardless of the method that is used to make the forecast. Gather the data needed to make the forecast.Criteria 0 Unacceptable (0 points) 1 Developing (6 points) 2 Competent (9 points) 3 Exemplary (12 points) one? (c) What are the limits of the study? WEEK 4 Course outcome in focus: • Apply the most appropriate forecasting method for the properties of the available data • Use technology and information resources to research and communicate issues in Management Science. or more than 1 year (long term)? 4. Forecasting Assignments: • Complete Internet Field Trip Course Lectures: • Lecture/discussion on Forecasting components. 3. 6. Supporting topics: • Forecasting components • Time series methods • Forecast accuracy • Time series forecasting • Regression methods Weekly Activities: Reading: Chapter 15. There are also many quantitative forecasting models. 7.

Research: Research at least six (6) information sources on forecasting methods. 2. Whatever tool works best for a firm is the one that should be used. and the actual computations or procedures used to make the forecast can be done automatically. fonts .series model? Give an example of when each would be used. meaningful graphics. placement & size of graphic. and audio files (if any) o Number on slides clear MAT540 Student Version 1124 (2-27-2012) Final Page 8 of 19 . One organization may find regression effective.color. o What are some of the problems and drawbacks of the moving average forecasting model? o How do you determine how many observations to average in a moving average model? How do you determine the weightings to use in a weighted moving average model? Assignment: Assignment #2: Internet Field Trip 1. Preparation: Produce as storyboard with thumbnails of at least ten (10) slides. When the forecasting system is to be used to generate forecasts regularly over time. designing. type for text and headings o Hyperlinks (list URLs of any site linked from the slide). Include the following elements: o Title of slide. accurate sounds and evaluated alternative points of view. size. background color. • Activity – Rationale of Forecasting o o Choose one of the forecasting methods and explain the rationale behind using it in real-life. and implementing a fore-casting system. computer forecasting files and programs are needed. • • Lecture/discussion on Forecast accuracy. These steps present a systematic way of initiating. take notes and record and interpret significant facts. When a computer system is used. narration text. regression methods Activity – Forecasting Methods Question for discussion: o What is the difference between a causal model and a time. time series forecasting. Describe how a domestic fast food chain with plans for expanding into China would be able to use a forecasting model. another firm may use several approaches. Implement the results.8. data must be collected routinely. and a third may combine both quantitative and subjective techniques. There is seldom a single superior forecasting method. text.

Criteria 1. Citations: The sources of information should: o properly cited so that the audience can determine the credibility and authority of the information presented o be properly formatted according to APA style The assignment will be graded using the associated rubric. take notes and record and interpret significant facts. so that the total number of points is 40 points. Produced partially developed storyboard with thumbnails of at 2 Competent (6 points) Note cards showed sufficiently completed research from at least four (4) or five (5) information sources. to the point Layout: The layout should have the following characteristics: o visually pleasing o contributes to the overall message o appropriate use of headings. sounds. meaningful graphics. b) Preparation: Produced storyboard with thumbnails of 10 slides with these 0 Unacceptable (0 points) Did not submit or note cards showed insufficiently completed research from two (2) or fewer information sources. some appropriate graphics. Grading Rubric for Assignment # 2 Internet Field Trip There are 8 possible points for each of the 5 criteria. bold. sound. and/or animation should o assist in presenting an overall theme and enhance understanding of concept. accurate sounds. point size that varies appropriately for headings and text o italics. recorded and interpreted acceptable facts. or did not evaluate alternate points of view. 5. ideas and relationships o have original images that are created using proper size and resolution. o Logical sequence to the presentation Content: Provide written content with the following elements: o introduction that presents the overall topic (clear sense of the project’s main idea) and draws the audience into the presentation with compelling questions or by relating to the audience's interests or goals. appropriate graphics. sounds and sufficiently evaluated alternative points of view. and indentations enhance readability o background and colors enhance the readability of text o appropriate in length for the target audience. current o clear. a) Research: Showed research of at least six (6) information sources. and shows logical progression of ideas and supporting information o motivating questions and advanced organizers o drawn mainly from primary sources Text Elements: Slides should have the following characteristics: o fonts are easy-to-read. and sufficiently evaluated alternative points of view. o accurate. recorded and interpreted some acceptable facts. accurate sounds and evaluated alternative points of view. concise. Produced sufficiently developed storyboard 3 Exemplary (8 points) Note cards showed fully completed research from at least six (6) information sources. recorded and interpreted significant facts. Prepared fully developed storyboard with thumbnails of at least 10 slides with all MAT540 Student Version 1124 (2-27-2012) Final Page 9 of 19 . 4.3. accurate sounds. 7. graphics. subheadings and white space Media: The graphics. enhance the content o have a consistent visual theme. 6. meaningful graphics. Insufficiently recorded and interpreted facts. and fully evaluated alternative points of view. Did not submit or produced 1 Developing (4 points) Note cards showed partially completed research from at least three (3) information sources.

Text elements provided sufficient support to the communication of the message. Had no 3 . bold. and research. (5) appropriate in length for the target audience. type for text and headings (3) Hyperlinks (list URLs of any site linked from the slide). and audio files (if any) (4) Number on slides clear (5) Logical sequence to the presentation 2. Did not submit or the layout of the message was not acceptable and did not support communication of the message sufficiently. and indentations enhance readability. motivation. (5) and white space 0 Unacceptable (0 points) insufficiently developed storyboard with thumbnails of one (1) to five (5) slides with one (1) to Two (2) required elements. 3 Exemplary (8 points) five (5) required elements. fonts – color (2) size. quality.5 text elements. had (3) appropriate headings. and thoroughness. Fulfilled with less than 70% accuracy. Fulfilled with 70 – 79% quality and accuracy. support. Text elements provided outstanding support to the communication of the message. and shows logical progression of ideas. Layout did not include enough of the five (5) of the layout characteristics. Addressed with less than 70% accuracy. logic. and APA style. 4. and thoroughness. (2) point size that varies appropriately for headings. and research. Text Elements: (1) fonts are easy-toread. support. Fulfilled with 90 – 100% quality and accuracy. The layout of the message was excellent and supported communication of it very well. Demonstrated excellent use of all 8 text elements. support. Addressed with 90-100% accuracy. Had 0 2 errors in spelling. background color. Fulfilled with 80 – 89% accuracy. Layout included all five (5) of the layout characteristics. quality. Fulfilled with 70 – 79% accuracy. Content: Provided content with (1) attention-getting introduction. (4) background and colors enhance the readability of text. grammar. narration text. Layout: The layout of the message demonstrated these characteristics: (1) visually pleasing. (2) content that is accurate and current (3) clear. motivation. punctuation. Fulfilled with 90 – 100% quality and Fulfilled with 70 – Fulfilled with 80 – 89% quality and accuracy. Did not submit or did not demonstrate acceptable use of the text elements. motivation. grammar. and thoroughness. quality. and APA style. logic. punctuation. (4) subheadings. Fulfilled with 90 – 100% accuracy. Layout included four (4) of the five (5) of the layout characteristics. (6) to the point (7) Applied correct spelling. Demonstrated acceptable use of 4 . The layout of the message was good and supported communication of it sufficiently. Issues with text elements prevented effective communication of message.5 errors in spelling. The layout of the message was acceptable and supported communication of it to some extent. logic. Addressed with 8089% accuracy. quality. Addressed with 7079% accuracy.(2) contributed to the overall message. and research. Layout included three (3) of the five (5) of the layout characteristics. MAT540 Student Version 1124 (2-27-2012) Final Page 10 of 19 . Did not submit or provided insufficiently developed introduction and content with two (2) or fewer of required elements included. punctuation. and research. motivation. Provided partially developed introduction and content with three (5) of five (5) required elements included. 1 Developing (4 points) least six (6) or seven (7) slides with three (3) of the (5) required elements. grammar. support. and APA style. Had 6 . grammar. Provided sufficiently developed introduction and content with four (4) of five (5) required elements included. and text (3) italics. punctuation. 2 Competent (6 points) with thumbnails of at least eight (8) slides with four (4) of the (5) required elements. grammar. concise. Fulfilled with 80 – 89% quality and accuracy. (5) taken from primary sources 3. Demonstrated sufficient use of 6 – 7 of the text elements. and (8) APA style.Criteria elements: (1) Title of slide. text.7 errors in spelling. Text elements provided some helpful support to the communication of the message. logic. Provided excellent and fully developed introduction and content with all five (5) required elements included. Had 8 + errors in spelling. punctuation. and APA style. and thoroughness. placement & size of graphic. (4) supporting information motivating questions and advanced organizers.

Fulfilled with 70 – 79% quality and accuracy. 2 Competent (6 points) 3 Exemplary (8 points) accuracy. or useful thing you've learned and explain why Assignments: • Complete Midterm Examination Assignment: Midterm Exam Students are to take the Midterm that covers the material in Chapters 1. timed exam that can only be taken once with a time limit of four hours. 14 and 15 Activity – Reflection to date • In a paragraph. This is an open book. The exam consists of a combination of true/false. reflect on what you've learned so far in this course. sound. Fulfilled with 80 – 89% quality and accuracy. Provided media that were sufficient and met two (2) of the three (3) characteristics. and/or animation that assist in presenting an overall theme and enhance understanding of concept. Identify the most interesting. and problem questions for a total of 40 questions. unexpected. (2) have original images. Provided media that were acceptable and met only one (1) of the three (3) characteristics. Fulfilled with 90 – 100% quality and accuracy. 12. Provided media that were excellent and met all three (3) of the characteristics.Criteria 0 Unacceptable (0 points) 5. 14 and 15. ideas and relationships. 11. graphics are created using proper size and resolution. Did not submit or the media used were unacceptable and did not meet the requirements. 1 Developing (4 points) 79% quality and accuracy. 12. Each question is worth 5 points. (3) have a consistent visual theme. enhance the content. The Midterm is located in the course shell under the Week 5 tab. Media: The media should include these characteristics: (1) graphics. WEEK 5 Weekly Activities: Reading: • Midterm exam will cover contents from chapters 1. WEEK 6 Course outcome in focus: • Solve linear programming problems. MAT540 Student Version 1124 (2-27-2012) Final Page 11 of 19 . multiple choice. 11.

The quiz consists of a combination of true/false. WEEK 7 MAT540 Student Version 1124 (2-27-2012) Final Page 12 of 19 . maximization model Activity –Linear programming Model o What are some business uses of a linear programming model? Provide an example. timed quiz that can only be taken once with a time limit of two hours. This is an open book. multiple choice. unbounded. how do you know when a problem is infeasible. Each question is worth 2 points. characteristics of linear programming problems Activity – Characteristics of linear programming o In the graphical method.Supporting topics: • Model formulation • Maximization model • Graphical solutions of linear programming models • A minimization model • Irregular types of linear programming models • Characteristics of linear programming problems Weekly Activities: Reading: Chapter 2. Linear Programming: Model Formulation and Graphical Solution Assignments: • Complete Week 6 Quiz Course Lectures: • • Lecture/discussion on Model formulation. and problem questions for a total of twenty questions. Lecture/discussion on irregular types of linear programming models. How do you know which of these to use for any given problem? • • • • Assignment: Quiz 3 Please take the quiz in the course shell for Week 6 that covers the material in Chapter 2. or when it has multiple optimal solutions? o What are the essential ingredients of an LP model? Why is it helpful to understand the characteristics of LP models? Lecture/discussion on Minimization model Activity – Minimization model o Distinguish between a minimization and maximization LP model.

Compared to the Solver Sensitivity output. Linear Programming: Computer Solution and Sensitivity Analysis Assignments: • Complete Week 7 Case assignment Course Lectures: • Lecture/discussion on Computer solution of linear programming problems Sensitivity analysis investigates how our decision might change given a change in the problem data. Sensitivity analysis is a vital part of all spreadsheet modeling. model for this case. but from a sensitivity analysis around the optimal solution. the special structure of linear programs gives rise to certain characteristic results.P. The Sensitivity Report is more precise than Solver Sensitivity with respect to the question of where the decision variables change or where a shadow price changes. Address each of the issues A. • Use technology and information resources to research issues in Management Science. In optimization modeling. MAT540 Student Version 1124 (2-27-2012) Final Page 13 of 19 . • Activity – Discussion on shadow price o What does the shadow price reflect in a maximization problem? Please explain o How do the graphical and computer-based methods of solving LP problems differ? In what ways are they the same? Under what circumstances would you prefer to use the graphical approach? Lecture/discussion on Sensitivity analysis Activity – Discussion on sensitivity analysis o How does sensitivity analysis affect the decision making process? How could it be used by managers? • • Assignment: Assignment #3: Case Problem “Julia’s Food Booth” Complete the “Julia’s Food Booth” case problem on page 109 of the text. As we will see. o (A) Formulate and solve an L. some of the most valuable insights come not from the optimal solution itself.D according the instructions given. the Sensitivity Report is more precise but less flexible. Supporting topics: • Computer solution of linear programming problems • Sensitivity analysis Weekly Activities: Reading: • Chapter 3.Course outcome in focus: • Create sensitivity analysis on linear programming model parameters.

(Part D) Did not submit or did not evaluate accurately. and completeness. Evaluated and explained with 80 – 89% accuracy. 1. (Part A). and completeness. and completeness. and completeness. clarity. Solved the linear programming model with 70 – 79% accuracy. recognizable attempt to model this case. 3 Exemplary (12 points) LP model has objective function and all constraints fully and correctly specified. Evaluate the prospect of paying a friend $100/game to assist. logic. 2. Did not submit or did not evaluate accurately. Evaluated and explained with 70 – 79% accuracy.o (B) Evaluate the prospect of borrowing money before the first game. Evaluate the prospect of borrowing money before the first game. Evaluated and explained with 90 – 100% accuracy. Outcome Assessed: • Create sensitivity analysis on linear programming model parameters • Communicate issues in Management Science Grading Rubric for Assignment – Assignment #4 Case Problem There are 12 points in each of the five criteria for a total of 60 points possible Criteria 0 Unacceptable (0 points) Did not submit or LP model is not sufficiently attempted and does not demonstrate a. but has errors in the objective function or constraints. Did not submit or did not analyze accurately. 1 Developing (6 points) LP model is partially correct. (Part C) 5. clarity. Described with 90 – 100% accuracy. clarity. Analyzed the impact with 70 – 79% accuracy. Evaluated and explained with 90 – 100% accuracy. and completeness. Did not submit or did not solve the linear programming model accurately. Solved the linear programming model with 80 – 89% accuracy. o (C) Evaluate the prospect of paying a friend $100/game to assist. 2 Competent (9 points) LP model has objective function and most constraints correctly specified. (Part B). 4. Described with 80 – 89% accuracy. logic. Analyzed the impact with 80 – 89% accuracy. logic. Described with 70 – 79% accuracy. o (D) Analyze the impact of uncertainties on the model. Solve the linear programming model formulated in Criterion 1 (Part A) 3. The assignment will be graded using the associated rubric. WEEK 8 Course outcome in focus: • Apply linear programming models to project management applications. Evaluated and explained with 70 – 79% accuracy. and completeness. Formulate an LP model for this case. Analyzed the impact with 90 – 100% accuracy. Analyze the impact of uncertainties in the model. Solved the linear programming model with 90 – 100% accuracy. Supporting topics: • Product mix • Diet • Investment • Marketing • Transportation • Blend • Multiperiod scheduling MAT540 Student Version 1124 (2-27-2012) Final Page 14 of 19 . Evaluated and explained with 80 – 89% accuracy.

timed quiz that can only be taken once with a time limit of two hours. and data envelopment analysis examples. Each question is worth 2 points. marketing examples. investment examples. and problem questions for a total of twenty questions. The types of examples are product mix examples. Activity –Discussion on objective function o What is the relationship between decision variables and the objective function? o What is the difference between an objective function and a constraint? Lecture/discussion on how we follow the same procedure: identify the decision variables. multiple choice. diet examples. Activity – Discussion on applications of linear programming o Does the linear programming approach apply the same way in different applications? Explain why or why not using examples. Linear Programming: Modeling Examples Assignments: • Complete Week 8 Quiz Course Lectures: • Lecture/discussion on how linear programming is used to solve various types of models. Supporting topics: • Integer programming (ip) models • Integer programming graphical solution • Computer solution of integer programming problems Weekly Activities: MAT540 Student Version 1124 (2-27-2012) Final Page 15 of 19 . determine the objective function. The quiz consists of a combination of true/false. multiperiod scheduling examples. This is an open book.• Data envelopment analysis Weekly Activities: Reading: • Chapter 4. blend examples. transportation examples. and develop the model constraints. • • • Assignment: Quiz 4 Students are to take the quiz in the course shell for Week 8 that covers the material in Chapter 4. WEEK 9 Course outcome in focus: • Solve integer programming problems.

• Activity – discussion on characteristics of integer programming problems o Explain the characteristics of integer programming problems. On-campus students are to complete this quiz before the Week 10 class meeting. This is an open book. all of the decision variables are required to have integer solution values. For a total integer model. The other decision variables can be designated as real. multiple choice. but not all. with the only possible values being zero and one. all the decision variables must have values of zero or one. WEEK 10 Course outcome in focus: • Develop solutions for transshipment problems. o Give specific instances in which you would use an integer programming model rather than an LP model. timed quiz that can only be taken once with a time limit of two hours. and problem questions for a total of twenty questions. for a mixed integer model. Online students are to complete the quiz by Sunday Midnight of Week 9. or non-integer. Activity – Discussion on the difference between integer and linear programming o Explain how the applications of Integer programming differ from those of linear programming. • Use technology and information resources to research issues in Management Science. Integer Programming. all decision variables must be designated as integer. In a zero-one integer model. certain constraints must be specified as part of the model. Provide real-world examples. The quiz consists of a combination of true/false. the decision variables must be designated as integers. In a total integer model. For a zero-one integer model.Reading: • Chapter 5. Assignment: • Quiz 5 Students are to take the quiz in the course shell for Week 9 that covers the material in Chapter 9. values. some. only those decision variables that must be integers are designated as integer values. MAT540 Student Version 1124 (2-27-2012) Final Page 16 of 19 . of the decision variables are required to have integer solutions. In a mixed integer model. o Why is “rounding-down” an LP solution a suboptimal way to solve Integer programming problems? • Lecture/discussion on how to solve these different models. Assignments: • Complete Week 9 Quiz Course Lectures: • Lecture/discussion on the three basic types of integer linear programming models. Each question is worth 2 points. Finally.

known as transshipment points. Activity – Discussion on transshipment problems o Can we apply transshipment models to inventory applications? Why or why not? o Is the transportation model an example of decision making under certainty or decision making under uncertainty? Why? Lecture/discussion on assignment problem being a special form of a linear programming model in which all supply and demand values equal one. Activity – Discussion on transportation problems o o Assignment: Assignment #4: Case Problem “Stateline Shipping and Transport Company” Read the “Stateline Shipping and Transport Company” Case Problem on pages 273-274 of the text. and Assignment Problems Assignments: • Complete Week 10 Case Assignment Course Lectures: • Lecture/discussion on transshipment models being an extension of the transportation model where intermediate points. Analyze this case. What benefits would be gained from using this model? • • • . In Excel. as follows: 1. Solve the model you developed in #1 (above) and clearly describe the results. Develop a transshipment model in which each of the plants and disposal sites can be used as intermediate points. Solve the model you developed in #3 (above) and clearly describe the results. 4. 3. or other suitable program. develop a model for shipping the waste directly from the 6 plants to the 3 waste disposal sites. or other suitable program. Transshipment. Transportation. In Excel.Supporting topics: • The transportation model • Computer solution of a transportation problem • The transshipment model • Computer solution of a transshipment problem • The assignment model Weekly Activities: Reading: • Chapter 6. MAT540 Student Version 1124 (2-27-2012) Final Page 17 of 19 Explain the assignment model and how it facilitates in solving transportation problems. 2. are added between sources and destinations.

WEEK 11 Weekly Activities: Reading: • Final exam will cover contents from chapters 1. Develop a transshipment model in which each of the plants and disposal sites can be used as intermediate points. but its validity is questionable or it is incorrectly described. appropriate conclusions are drawn and communicated clearly. conclusions drawn are mostly appropriate. 14 and 15 Activity – Reflection to date MAT540 Student Version 1124 (2-27-2012) Final Page 18 of 19 . 2. Describe and implement the model. The model is solved. but its validity is questionable or it is incorrectly described. The model is solved and the results are mostly valid and mostly correctly described. 3. The model is solved and the results are mostly valid and mostly correctly described. 4. The assignment will be graded using the associated rubric. or this is not clearly communicated. What are the limits of the study? Write at least one paragraph. Interpret the results and draw conclusions that address the question posed in the case problem. The objective function and most or all constraints are specified correctly and adequately described. 5. 1. 11. The objective function and constraints are specified and described with 70 – 79% accuracy. 12. Outcome Assessed: • Develop solutions for transshipment problems. 2 Competent (9 points) The objective function and most or all constraints are specified correctly and adequately described. the Excel spreadsheets and an accompanying written description/explanation. Interpret the models and draw conclusions Did not complete the assignment or interpretation and/or conclusions drawn are invalid and/or not intelligibly communicated. Criteria 1 Developing (6 points) The objective function and constraints are specified and described with 70 – 79% accuracy. The model is solved. Results are interpreted in a mostly correct manner. • Communicate issues in Management Science Grading Rubric for Stateline Shipping & Transport Case Problem There are 12 points in each of the five criteria for a total of 60 points possible 0 Unacceptable (0 points) Did not submit or the objective function and/or constraints are specified with less than 70% accuracy. Please submit both of them electronically via the dropbox. Solve the model given in 1 and describe the results. and communicated in a mostly clear manner. 5. There are two deliverables for this Case Problem. 6. Did not solve the model or adequately describe the results. or inappropriate conclusions are drawn. The objective function and all constraints are specified correctly in the model and clearly described The model is solved and the results are valid and correctly described. There are errors in interpreting the results. 4. 2. 3 Exemplary (12 points) The objective function and all constraints are specified correctly in the model and clearly described The model is solved and the results are valid and correctly described. Results are correctly interpreted. Did not solve the model or adequately describe the results.5. Develop a transportation model for shipping from the 6 plants directly to the 3 disposal sites. Solve the model given in 3 and describe the results. 3. Did not submit or the objective function and/or constraints are specified with less than 70% accuracy.

5. ASSIGNMENT OUTLINE AND GRADING Assignment Type Discussions = 9 x 20 points = 180 points 18% Case Assignments = 3 x 60 = 180 points 18% Quizzes = 5 x 40 = 200 points 20% Midterm Exam = 1 x 200 = 200 points 20% Internet Field Trip = 1 x 40 = 40 points 4% Final Exam = 1 x 200 = 200 points 20% Value Grading Scale 90-100 80-89 70-79 Below 70 A B C F MAT540 Student Version 1124 (2-27-2012) Final Page 19 of 19 . 3. 14 and 15. Assignments: • Complete Final Examination Assignment: Final Exam Students are to take the Final Exam that covers the material in Chapters 1. 12. 4.• In a paragraph. Identify the most interesting. timed exam that can only be taken once with a time limit of four hours. The Final exam is located in the course shell under the Week 11 tab. This is an open book. 6. or useful thing you’ve learned. 11. reflect on what you've learned in this course. multiple choice. The exam consists of a combination of true/false. and explain how it can be applied to your work or daily life in some manner. unexpected. 2. Each question is worth 5 points. and problem questions for a total of 40 questions.

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