2024
Decision Models
Name: Decision Models
Code: GES00128L
6 ECTS
Duration: 15 weeks/156 hours
Scientific Area:
Management
Teaching languages: Portuguese
Languages of tutoring support: Portuguese, English
Regime de Frequência: Presencial
Sustainable Development Goals
Learning Goals
O1 To understand the process of decision making through concepts and approaches;
O2 To learn a set of useful approaches in the process of decision making;
O3 To develop approaches and find their solutions that will help decision makers in the process of decision making; and,
O4 - To analyze and interpret the solutions of the proposed approaches using EXCEL SOLVER and LINGO software and to present recommendations for decision makers make their decisions.
O2 To learn a set of useful approaches in the process of decision making;
O3 To develop approaches and find their solutions that will help decision makers in the process of decision making; and,
O4 - To analyze and interpret the solutions of the proposed approaches using EXCEL SOLVER and LINGO software and to present recommendations for decision makers make their decisions.
Contents
1 - Introduction
2 - Linear Programming Model
3 Transportation and Transshipment Models
4 Integer Programming Model
5 Project Management
6 Queueing Models
7 Simulation Models
2 - Linear Programming Model
3 Transportation and Transshipment Models
4 Integer Programming Model
5 Project Management
6 Queueing Models
7 Simulation Models
Teaching Methods
M1. Structured presentation of concepts and approaches to understanding the decision process using the modern teaching technologies (computers, tablets and MOODLE);
M2. Illustration of the concepts and approaches through examples;
M3. Resolution of exercises and other problems using EXCEL SOLVER;
M2. Illustration of the concepts and approaches through examples;
M3. Resolution of exercises and other problems using EXCEL SOLVER;
Assessment
Verification of the level of acquisition of the subject-matter during the period of lecturing by means of classroom questions.
Continuous Assessment Scheme: group project (20%) and two mid-term evaluations (40% each). Exam regime: group project (20%) and exam (80%). Make-up exam: exam (100%).
In continuous assessment, you must take a minimum grade of 7 values in each of the assessment tests.
Continuous Assessment Scheme: group project (20%) and two mid-term evaluations (40% each). Exam regime: group project (20%) and exam (80%). Make-up exam: exam (100%).
In continuous assessment, you must take a minimum grade of 7 values in each of the assessment tests.
Recommended Reading
Anderson, Sweeney e Williams, 2003, Quantitative Methods For Business, South-Western College Publishing, 9ª edição.
Winston, W. e S. C. Albright, 2001, Practical Management Science, Duxbury Thomson Learning.
Tavares, L.V, Oliveira, R.C, Themido, I.H., Correira, F.N., Investigação Operacional, McGraw-Hill, 1996.
Winston, W. e S. C. Albright, 2001, Practical Management Science, Duxbury Thomson Learning.
Tavares, L.V, Oliveira, R.C, Themido, I.H., Correira, F.N., Investigação Operacional, McGraw-Hill, 1996.