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MANAGEMENT SCIENCE


              EIE2004         MANAGEMENT SCIENCE
              3 Credits

              Pre-requisite   EIA1006 Statistics II and EIA1007 Elementary Mathematics

              Learning        At the end of this course, the students are able to:
              Outcomes
                              1. discuss modelling techniques and problem-structuring methods;
                              2. apply  the  problem  structuring  methods  to  structure,  implement  and  solve  a
                                range of quantitative models; and
                              3. apply  management  science  techniques  in  managerial  context  and  decision
                                making.

              Synopsis        The  course  introduces  the  students  to  the  areas  of  management  science  and
                              focuses  on  specific  quantitative  methods  and  models  for  the  analysis  and
                              optimisation  of  complex  problems  in  public  administration,  economics  and
                              business.  The  methods  investigated  include  linear  programming,  project
                              scheduling,  decision  analysis,  queuing  analysis,  and  inventory  management.
                              Students will also be introduced to computer software for solving the quantitative
                              models.

              References      1. Bernard W. Taylor III. 2013. Introduction to Management Science. 11  edition.
                                                                                                     th
                                Prentice-Hall.
                                                                                                             rd
                              2. Winston  W.  L.  and  Albright,  S.C.  2016.  Practical  Management  Science.  5
                                edition. South-Western Cengage Learning.

              Soft Skills     CS1, CS2, CS3
                              CT1, CT2, CT3

              Assessment      Continuous Assessment   : 40%
                              Final Examination             : 60%






















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