M&IS 34055 Fall 2006 Guiffrida
Computer Decision Modeling – M&IS 34055
Department of Management and Information Systems
Kent State University
Fall 2006
Instructor
Dr. Al Guiffrida
Office: A-411 Business Administration Building
Office Hours: Tuesday: 4-5 pm; Wednesday: 1-5 pm; and by appointment
Telephone: (330) 672- 1158
E-mail: aguiffri@kent.edu
Note: When sending e-mail, please put MIS34055 in the subject line.
Course Objective
The objective of this course is to introduce the student to the scientific decision-making tools of operations research and management science. The course also introduces the student to spreadsheet modeling for problem formulation and solution. The concepts of modeling and decision making are stressed. Examples and model applications will be draw from various functional areas of business.
Learning Objectives
After completing this course the student will be able to
i) Build and solve decision models using spreadsheet software
ii) Solve waiting line (queuing) problems
iii) Handle uncertainty in decision situations
iv) Carry out simulation studies
v) Analyze network design problems
vi) Understand modeling limitations and implementation issues
vii) Appreciate the value of modeling and scientific decision making
Required Textbook
Winston, W. L. and S. C. Albright, Practical Management Science, 2001, Second Edition, Duxbury, ISBN: 0-534-40775-7
Course Prerequisites
Prerequisites: i) MIS 24053
ii) MIS 24056
Enrollment Requirements
Students attending the course who do not have the proper prerequisites risk being deregistered from the class. Students have responsibility to ensure they are properly enrolled in classes. You are advised to review your official class schedule (using Web for Students) during the first two weeks of the semester to ensure you are properly enrolled in this class and section. Should you find an error in your class schedule, you have until [date will be provided by the Undergraduate Office in advance] to correct the error with your advising office. If registration errors are not corrected by this date and you continue to attend and participate in classes for which you are not officially enrolled, you are advised now that you will not receive a grade at the conclusion of the semester for any class in which you are not properly registered.
Course Withdrawal
For the Fall semester, the course withdrawal deadline is always the Sunday following the 10th week of the semester.
Grading Policy
Evaluation Weight Date
Exam I 10% 9/19/2006
Exam II 25% 10/5/2006
Exam III 25% 11/9/2006
Final Exam 20% Per University Schedule
Homework 20% See homework submission document
Your overall score (OS) for the course is determined by the following equation:
OS = 0.10(Exam I score) + 0.25(Exam II score) + 0.25(Exam III score) +
0.20(Final exam score) + 0.20(homework score).
Your letter grade for the course will be assigned based on the following scale
OS Letter Grade OS Letter Grade
93-100 A 77-79 C+
90-92 A- 72-76 C
87-89 B+ 68-71 C-
83-86 B 60-67 D
80-82 B- 0-59 F
Exams and homework assignments are scored on a 100 point basis. Exams II and III consist of an in-class portion and take-home portion (due the next class period). Calculators are required for all exams. Students may not share calculators (or any other materials) during examinations.
Academic Integrity
We will follow the University Policy on Academic Integrity. Academic honesty: Cheating means to misrepresent the source, nature, or other conditions of your academic work (e.g., tests, quizzes, papers, projects, homework assignments) so as to get undeserved credit. The use of intellectual property of others without giving them appropriate credit is a serious academic offence. It is the University’s policy that cheating or plagiarism result in receiving a failing grade (0 points) for the work or course. Repeat offences may result in dismissal from the University.
Students with Disabilities
University policy 3342-3-18 requires that students with disabilities be provided reasonable accommodations to ensure their equal access to course content. If you have a documented disability and require accommodations, please contact the instructor at the beginning of the semester to make arrangements for necessary classroom adjustments. Please note, you must first verify your eligibility for these through the Student Accessibility Services (contact 330-672-3391 or visit http://www.registrars.kent.edu/disability/ for more information on registration procedures).
Course Topics (subject to revision)
Text Chapter Schedule
Chapters 1&2 Introduction to Modeling Week of Aug 29
Chapter 3 Introduction to Optimization Modeling Week of Sept 5
Chapter 4 Linear Programming Models Week of Sept 12
Chapter 5 Network Models Week of Oct 10
Chapter 6 Linear Optimization with Integer Variables Week of Oct 17
Chapter 7 Nonlinear Optimization Modeling Week of Oct 24
Chapter 10 Decision Making under Uncertainty Week of Oct 14
Chapters 11-12 Simulation Modeling Week of Oct 28
Chapter 14 Queuing (Waiting Line) Models Week of Dec 5
Note: I will also supplement these chapters with handout materials from outside the text.