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SCHEDULE FOR DAY 6

I. REVISION - MIDTERM: Q &A

Review chap 1,2,3 and 5: Linear programming: basic


concepts, formulation and application (Solver and QM
for Windows), what-if Analysis.

II. GROUP HOME WORK 4: Solving the Case 5.S1:


Sensitivity analysist at Stickley Furniture.

Video clip & PPT Presentation: GB


Discussion (3 questions min.) in class: GA

III. Chapter 9. Decision Analysis (QM FOR


WINDOWS)

1. Decision Analysis
CASE STUDY: GOFERBROKE Co.
2. Decision Criteria
APPICATION: 4 MAIN CRITERIAS IN QM FOR
WINDOWS.
3. Decision Trees: APPICATION: QM FOR WINDOWS.
NEXT WEEK:

ALL STUDENTS: READING CHAP 9 TEXT BOOK AND


SLIDES
4. Checking whether to obtain more information
5. Using new information to update the
probabilities

STUDENTS OF GROUP C, D, E, F:

Group homework 5: Solving the case of Case 9.S1: New


Vehicle Introduction
- Video clip & PPT Presentation: GD.
- Discussion (3 questions min./file pdf) in class:
GC.

Group homework 6 NEXT WEEK: Solving the case of


Case 9.S2. Settle or Go to Trial
- Video clip & PPT Presentation: GF.
- Discussion (3 questions min./file pdf) in class:
GE.

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