Subject description - B1M16MNR

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B1M16MNR Managerial Decision Making
Roles:PZ Extent of teaching:2P+2C
Department:13116 Language of teaching:CS
Guarantors:Knápek J. Completion:Z,ZK
Lecturers:Beneš M., Knápek J. Credits:5
Tutors:Beneš M., Makešová M. Semester:Z

Web page:

https://moodle.fel.cvut.cz/courses/B1M16MNR

Anotation:

System approach and decision making, Decision models, Games theory, Decision making under uncertainty and risk, Decisions with multiple objectives, Stochastic programming, Expert systems, Cluster analysis

Course outlines:

1. Overview, system approach
2. Decision making - definitions, classification, scales
3. Theory of games - methods of solution, typical applications
4. Decision making under risk and uncertainty - methods, applications
5. Decision making under uncertainty - methods, applications
6. Multiobjective optimization - introduction, criteria weights
7. Discrete multiobjective tasks - basic methods, applications
8. Discrete multiobjective tasks - advanced methods
9. Multiobjective vector tasks - basic methods, applications
10. Multiobjective vector tasks - advanced methods
11. Stochastic programming - active and passive methods
12. Expert methods - methods, organization
13. Expert methods - evaluation
14. Manager's role in decision

Exercises outline:

1. Linear programming - overview
2. Decision making - typical tasks
3. Matrix games, methods of solution
4. Decision under risk and uncertainty, typical tasks, solution
5. Multiobjective optimization - typical tasks
6. Discrete multiobjective tasks - methods of solution
7. Goals definition and criteria
8. Multiobjective vector tasks - methods of solution
9. Case - multiobjective decision (team work)
10. Stochastic programming - methods of solution
11. Test
12. Expert methods - criteria weights
13. Expert methods - case (team work)
14. Software support for decision making

Literature:

1. Ragsdale J.: Managerial Decision Modeling. Thomson 2006
2. Dennis, L.T., Dennis, B.L. Management Science. St. Paul: West Publishing company 1991
3. Slak N., Cooke S.: Making Management Decisions: Prentice Hall 1991
4. Lapin L. L.: Quantitative Methods for Business Decisions. The Diden Press 1994
5. Wisniewski, M.: Quantitative Methods for Decision Makers, London: Pitman Publishing 1994

Requirements:

see: https://ekonom.feld.cvut.cz/cs/student/predmety/systemove-inzenyrstvi-a-rozhodovani

Subject is included into these academic programs:

Program Branch Role Recommended semester
MPEEM4_2018 Management of Power Engineering and Electrical Engineering PZ 3


Page updated 10.11.2024 17:55:37, semester: L/2023-4, Z/2025-6, Z,L/2024-5, Send comments about the content to the Administrators of the Academic Programs Proposal and Realization: I. Halaška (K336), J. Novák (K336)