Management Science (MGSC) 405

Quantitative Approaches to Decision Making (Revision 5)

MGSC 405 course cover

Revision 5 is closed for registrations, replaced by current version.

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Delivery Mode: Individualized study online or grouped study.**

Credits: 3

Area of Study: Applied Studies
(Business and Administrative Studies)

Prerequisite: MGSC 301 or MATH 215 or MATH 216, or permission of the course professor.

Sample Course PagesPDF icon

Centre: Faculty of Business

MGSC 405 has a Challenge for Credit option.

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**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 that 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 modelling 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., Camm, J. D., & Martin, K. (2011). An Introduction to Management Science: Quantitative Approaches to Decision Making (13th ed.). Mason, OH: South-Western Cengage Learning. ISBN 978-1-4390-4323-3

Other materials

Students will access all other course materials online.

Challenge for Credit Course Overview

The Challenge for Credit process allows students to demonstrate that they have acquired a command of the general subject matter, knowledge, intellectual and/or other skills that would normally be found in a university level course.

Full information for the Challenge for Credit can be found in the Undergraduate Calendar.

Challenge Evaluation

To receive credit for the MGSC 405 challenge registration, you must achieve a grade of at least “D” (50 percent) on the examination.

Paper Exam

Undergraduate Challenge for Credit Course Registration Form

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 5, October 13, 2010.

View previous syllabus