One of the most important responsibilities of managers in businesses is to make decisions. Today's competitive conditions require that optimal decisions be supported by numerical methods. The aim of this course is to gain the knowledge and skills to formulate a problem encountered in decision making, to establish the mathematical model, to obtain the solution from the model, to check and evaluate the model and its solution, to apply the obtained solution.
Prerequisite(s)
Course Code Course Name…
Corequisite(s)
Course Code Course Name…
Special Requisite(s)
The minimum qualifications that are expected from the students who want to attend the course.(Examples: Foreign language level, attendance, known theoretical pre-qualifications, etc.)
Instructor(s)
Assist. Prof. Dr. Murat Taha Bilişik
Course Assistant(s)
Schedule
This course was not opened in the 2022-2023 academic year...
Office Hour(s)
Cats Chat Room
Teaching Methods and Techniques
-Cats Distant Learning Classes
-ppt slide shows
Principle Sources
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Other Sources
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Course Schedules
Week
Contents
Learning Methods
1. Week
Components of decision making, decision making without probabilities
Distant Learning
2. Week
Maximin,minimax, hurwicz criterion
Distant Learning
3. Week
Decision making with probabilities, expected value
Distant Learning
4. Week
Decision trees
Distant Learning
5. Week
Sequential decision tree analysis
Distant Learning
6. Week
Decision trees with posterior probabilities
Distant Learning
7. Week
Game theory
Distant Learning
8. Week
Mid Term
9. Week
Mid Term
10. Week
Markov analysis,states and state probabilities
Distant Learning
11. Week
Matrix of transition probabilities, predicting future market shares
Define the concept and types of entrepreneurship in historical development within the framework of entrepreneurship theory.
PO-2
Develop awareness about ways to improve personal and corporate innovation and creativity
PO-3
Distinguish the different aspects of SME management and its problems from SME management and its problems
PO-4
Design a business plan to start a new business
PO-5
Assess the institutionalization process of newly established businesses
PO-6
Employ the information and skill that is related to entrepreneurship in the career life and apply it to the workplace environment.
PO-7
Explain new business in social environment with social capital and communication competence
PO-8
Interpret knowledge of innovation and the importance of innovation that learned during education life with up-to-date information and adopt it to business life
PO-9
Identify how to reach entrepreneurship supports thanks to the basic and up-to-date information gained on entrepreneurship and estimates about the change and paradigm shifts in the entrepreneurship ecosystem.
PO-10
Compose the conceptual and cognitive knowledge with expert knowledge required by business life
Learning Outcomes
LO-1
To produce solutions to business problems using decision making techniques
LO-2
To gain economic data evaluation structure with analytical thinking structure
LO-3
To learn modeling and estimation by analyzing relations in economic data.
LO-4
To formulate a problem, to establish the mathematical model, to obtain the solution from the model, to check and evaluate the model and its solution, to gain the knowledge and ability to apply the obtained solution.
LO-5
To understand today's competitive conditions require that optimal decisions be supported by numerical methods.
