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Semester:
Course Code: QANT520
Course Name: Management Science
Course Prerequisites: QANT501
Course Co-requisites: None
Credits Hours: One and one-half (1.5) credit hours
Classroom:
Class Timing:
Final Exam Period:
•
• Instructor Details
Professor: Om Bagaria
Office Location:
Office Hours:
Email: om.bagaria@gmail.com
Course website:
Phone (Office):
•
• Catalog Course Description
Quantitative techniques for managerial decision-making are covered. These
techniques include linear and integer programming, nonlinear programming,
decision analysis, queuing theory and simulation. Problems are modeled and then
solved using computer software.
• Course Overview
This course introduces students to applied principles of optimization and modeling
with an emphasis on business applications. It is expected that during this course
students will gain a number of practical skills, including model development,
computer-based solution determination, and deriving implications to management.
Software used for this course includes Microsoft Excel add-ins (various add-ins are
available on the accompanying book CD).
In this course (QANT520), four (4) prioritized teaching and learning strategies focus
on:
• active student engagement into the learning process;
• innovative and creative thinking;
• relevant content to student future careers/goals; and
• case-based learning.
All faculty members that instruct this course should consider how to execute the
course to emphasize these key components of the strategies considered. Following a
review of learning outcomes, faculty members consider how re-orientation of
teaching and learning strategies might result in strengthening these outcomes, and
adjustments are made, accordingly. Faculty members also consider how the School
of Management Triple Platforms of Excellence (Professional Enrichment, Experiential
Education, and Student Advancement) might be leveraged as a part of this strategy,
and provide recommendations to the Directors of those platforms. The school also
reviews the distribution of identified teaching and learning strategies periodically to
ensure comprehension and the integration of each (from the designated list of
approximately 20-25 strategies) within the curriculum. Finally, results from student
teaching evaluations also provide indications of how various teaching and learning
strategies are integrated into the course delivery. The following issues (indicator
number is provided) are among those in the evaluations that bear on this review and
analysis:
In addition, QANT 510 previously introduced students to math modeling through the
use of model structures that are common in industry. This class builds on QANT 510
through its objective of teaching students how to develop math models according to
a number of modeling approaches, including math programming and decision
analysis. Applications are drawn from the text as well as current events. The
course, Socratic in nature, leads the student from model development through
solution attainment and sensitivity analysis. Software is utilized as a decision
support tool.
• Required Resource(s)
“Quantitative Analysis for Management” by Render, Stair, Hanna, Prentice Hall, 11 th
edition
• Reference Resource(s)
Anderson, D., Sweeney, D., Williams, T., and Martin, R. (2007). An Introduction to
Management Science: Quantitative Approaches to Decision Making. 12th Edition.
South-Western College Publishers. ISBN-13: 978-0324399806.
• Grading Guidelines: The final grade for the course will be calculated using
international grading scale:
N/A
• Attendance Policy: Students are expected to attend every class session. Instructors
will inform students of the exact number of absences and late-arrivals permitted
during the semester. Students who exceed these limits may be subject to failure. If a
student misses any class or test, the instructor has the right to either grant or deny
an opportunity to make up the work that was missed. In such cases, the instructor
shall be the sole judge of the validity of a student's explanation for having missed
the class or test.
• Deductions for Late Arrival, Early Departure, and Unexcused Absences:
• Classroom Behavior: Behavior that disrupts, impairs, interferes with, or obstructs the
orderly conduct, processes, and functions within an academic classroom or
laboratory violates the student code of conduct and may result in disciplinary action.
This includes interfering with the academic mission of NYIT or individual classroom
or interfering with a faculty member’s or instructor’s role to carry out the normal
academic or educational functions of his classroom or laboratory, including teaching
and research.
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