Undergraduate
Faculty of Economic and Administrative Sciences
International Trade (English)
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OPERATIONS RESEARCH

Course CodeSemester Course Name LE/RC/LA Course Type Language of Instruction ECTS
ITR0160 OPERATIONS RESEARCH 2/0/0 DE ENGLISH 4
Course Goals Operations research science is the application of a scientific approach to solving management problems in order to help managers make better decision.
Prerequisite(s) None
Corequisite(s) None
Special Requisite(s) None
Instructor(s) Assoc. Prof. Murat Taha Bilişik
Course Assistant(s)
Schedule The course will not be held this semester.
Office Hour(s) Instructor name, day, hours, XXX Campus, office number.
Teaching Methods and Techniques Lectures using PowerPoint presentations, problem sessions, computer applications
Principle Sources  

Ø  Taha, Hamdy A., Operations Research: An Introduction, Ninth Edition, Prentice-Hall International, Inc., 2011.

Ø  Hillier, Frederick S. and Lieberman, Gerald J., Introduction to Operations Research, Tenth Edition, McGraw-Hill, 2014.

Ø  Winston, Wayne L., Operations Research: Applications and Algorithms, Fourth Edition, Brooks/Cole-Thomson Learning, 2004.

 

Other Sources
Course Schedules
Week Contents Learning Methods
1. Week Introduction to Operations Research Lecture, problem session
2. Week Linear Programming Models and Model Formulation Lecture, problem session
3. Week Examples on Linear Programming Models Lecture, problem session
4. Week Graphical Solution Procedure Lecture, problem session
5. Week Simplex Method Lecture, problem session
6. Week Examples on Simplex Method / Using the Excel Solver to Solve Linear Programming Models Lecture, computer applications
7. Week Simplex Method (Artificial Starting Solution) Lecture, problem session
8. Week Midterm Week Exam
9. Week Duality Lecture, problem session
10. Week Sensitivity Analysis Using LINDO Software Lecture, computer applications
11. Week Transportation Problem Lecture, problem session
12. Week Transportation Problem Lecture, problem session
13. Week Assignment Proble Lecture, problem session
14. Week Final Exam Exam
15. Week Final Exam Week Exam
16. Week Final Exam Week Exam
17. Week Final Exam Week Exam
Assessments
Evaluation tools Quantity Weight(%)
Midterm(s) 1 20
Quizzes 4 40
Final Exam 1 40


Program Outcomes
PO-1Comprehends both theoretical and applied subjects in international trade at the advanced level, and uses his/her knowledge when necessary.
PO-2Analyses basic concepts and data related to International Trade and Economics by scientific methods, interprets those with analytically, and evaluates those with regard to economic issues.
PO-3Express his/her thoughts, comments and evaluations related to International Trade discipline both in written and oral forms.
PO-4Defines current problems, and proposes solutions which are supported by evidence and research based quantitative and qualitative data.
PO-5Inspects how public and private sector enterprises engaged in trade activities operates in practice, and evaluates the continuities and the dynamism in these sectors.
PO-6Defines and tracks local, regional (such as European Union or Middle East) and global issues from the point of political economics, and relates these issues to each other.
PO-7Possesses sufficient knowledge in other disciplines related to International Trade (such as Economics, Finance, International Business and Law), and reports this information.
PO-8Follows publications and research in International Trade, Globalisation and Financial Systems in the English language, and communicates with his/her colleagues internationally.
PO-9Uses a second language (Russian, Chinese, etc.) at the intermediate level.
PO-10Possesses ethical principles and scientific values in collection, interpretation and release of data.
Learning Outcomes
LO-1To be able to evaluate the economic data with structure of analytical thinking
LO-2Learn how to predict and model by analyzing the relationship of economic data
LO-3Considering implementation of optimal decision-making models to business problems
LO-4Formulate a problem about decision-making, build a mathematical model, obtain a solution from the model,control the model and its solution, evaluate, apply the solution obtained
LO-5Finding solutions of problems encountered in business by means of analytical thinking
Course Assessment Matrix:
Program Outcomes - Learning Outcomes Matrix
 PO 1PO 2PO 3PO 4PO 5PO 6PO 7PO 8PO 9PO 10