Topic: Introduction to QDM and Decision making analysis and environment Description: The Management Science Process, Reading: see online resources. Fundamentals of Decision Theory and Analysis. The Six Steps in Decision Making, Types of Decision-Making Environments, Decision Making Under Uncertainty. Decision Making Under Risk, Decision Trees, Utility Theory Reading: Chapter 1 and Chapter 3 in Barry Render, Ralph M Stair, and Michael E. Hanna : Quantitative Analysis for Management , 12th Edition (2019) Assignment: HW assignment in Excel programme

Topic: Forecasting, Input and Output Analysis Description: Types of forecasting methods, Scatter diagrams for time series, Time-series forecasting. Importance of Inventory Control, Inventory, Decisions, Economic Order Quantity, Uncertainty in demand, Enterprise Resource Planning Reading: Chapter 5 and Chapter 6 in Barry Render, Ralph M Stair, and Michael E. Hanna : Quantitative Analysis for Management , 12 th Edition (2019) Assignments/deadlines: HW assignment in Excel programme

Topic: Linear Programming I Description: Assumptions, Graphical Solution, Sensitivity Analysis, Relaxation of Constraints, Computer Output. Production and Inventory Planning Problems, Financial Planning Problems, The Transportation Problem, Personnel Scheduling Problems, Data Envelopment Analysis. Reading: Chapter 7 in Barry Render, Ralph M Stair, and Michael E. Hanna: Quantitative Analysis for Management , 12 th Edition (2019) Assignments: HW assignment in Excel programme

Topic: Linear Programming II Description: Types of forecasting methods, Scatter diagrams for time series, Time-series forecasting. Transportation model, Trans-shipment and Assignment Problems Reading: Chapter 8 and Chapter 9 in Barry Render, Ralph M Stair, and Michael E. Hanna : Quantitative Analysis for Management , 12th Edition (2019) Assignments: HW assignment in Excel programme

Topic: Review of all 4 covered topics and the final project discussion Description: Assignments: Final Project