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Course Title: |
Operations Research |
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Course Code: |
EA221 |
Program: |
Finance & Accounting |
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COURSE AIM |
To introduce students to the quantitative approach in Quantitative business problems. The purpose of the course is to acquaint the students with quantitative decision-making tools. These tools, collectively discussed under the title of Operations Research have been largely developed since the World War II. |
COURSE OBJECTIVES |
- The course broadly covers deterministic decision models for planning, decision-making, resource allocation, and control.
- More specifically these models are discussed in the context of: Linear Programming, Transportation, Transshipment and Assignment, and project management.
- To train the student on how to use computerized analysis aids to enhance the management decision making processes for major functional areas in an organization.
- In particular, the course focuses on thinking structurally about decision problems and applying quantitative techniques in solving them.
- The course is designed to equip future manager with a conceptual understanding of quantitative decision.
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