Management Science (MGSC) 405
Quantitative Approaches to Decision Making (Revision 4)
Revision 4 closed, replaced by current version.
Delivery Mode:Individualized study online or grouped study.**
Credits:3
Area of Study:Applied Studies
Prerequisite:MGSC 301 or MATH 215 or MATH 216.
Centre:Faculty of Business
MGSC 405 has a Challenge for Credit option.
**Note:Students registering in grouped study, or grouped study international mode are advised that there may be some differences in the evaluation and course materials information indicated below. To obtain the most up-to-date information, contact the Faculty of Business Student Support Centre at 1-800-468-6531.
Overview
MGSC 405 provides students with an introduction to an area of management science that is sometimes called “operations research.” The objective of this course is to have you develop an appreciation of the management science approach to problem formulation and solution, which, with the increased use of computers, is now so important in today's business and industrial sectors. The course focuses on “quantitative approaches to decision making,” and introduces you to a variety of management science models, methods, and procedures. In this course a greater emphasis is placed on problem modeling and the interpretation of results, and less emphasis is given to mathematical techniques and solution algorithms.
Credits earned in MGSC 405 may be applied toward the Canadian Operational Research Society (CORS) diploma.
Outline
Lesson 1: Introduction
Lesson 2: Linear Programming: The Graphical Method
Lesson 3: Linear Programming: Sensitivity Analysis and Computer Solution
Lesson 4: Linear Programming Applications
Lesson 5: Transportation, Assignment, and Transshipment Problems
Lesson 6: Integer Linear Programming
Lesson 7: Network Models
Lesson 8: Waiting Line Models
Lesson 9: Decision Making Under Conditions of Risk and Uncertainty
Evaluation
To receive credit for MGSC 405, you must receive a grade of at least 50 percent on each examination and an overall course grade of at least “D“(50 percent). You are advised not to attempt the final examination until you have received feedback on both assignments. The weightings for each assignment and the examinations are as follows:
| Assignment 1 | Assignment 2 | Mid-term Exam | Final Exam | Total |
|---|---|---|---|---|
| 20% | 20% | 30% | 30% | 100% |
To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.
Course Materials
Textbook
Anderson, D. R., Sweeney, D. J., Williams, T. A., & Martin, K. (2008). An Introduction to Management Science: Quantitative Approaches to Decision Making (12th ed.). Cincinnati, OH: South–Western College Publishing. ISBN 978-0-324-64971-0
Other materials
Students will access all other course materials online.
Athabasca University reserves the right to amend course outlines occasionally and without notice. Courses offered by other delivery methods may vary from their individualized-study counterparts.
Opened in Revision 4, November 6, 2008.
View previous syllabus
Last updated by SAS 09/10/2013 12:09:42