MDS Syllabus

Business 328

Management Decision Science

Fall 2002

Professor: Dr. Keith Hollingsworth

Office: Wheeler 209, extension 2550, e-mail khollingsworth@morehouse.edu

Web Page: www.mindspring.com/~khmhse

Hours: MTh 2 – 5 p.m.

Course Description:

A general approach to modeling for decision making. Students are introduced to quantitative models in the management decision-making process. Emphasis will be given to extracting the relevant information from general problem descriptions and then finding the correct model necessary for the solution.

Prerequisite:

Economics 221 ("C" or better). Any student without this prerequisite will be administratively dropped from the class.

Text:

Quantitative Analysis for Management (8th Edition)

Render & Stair, Allyn & Bacon Publishing

Requirements:

    1. It has been my experience that students who miss class do not perform well. Therefore, I will not be taking attendance or monitoring your presence. I assume you are adult enough to make your own decisions and to live with those consequences. So, I also will not listen to any excuses about poor performance. If you decide to miss class, do not bother asking me to explain the material again, to allow you to makeup in-class assignments, or restate homework assignments.
    2. A grade of Incomplete will be granted only in the case of an illness or similar emergency when written verification is provided to me. Do not assume you will be granted an Incomplete until you have consulted with me. An Incomplete must be corrected by the beginning of the next term.
    3. Makeup exams will be given with a valid excuse but must be taken within one week of the regularly scheduled exam or a grade of "0" will be given. No exam grades will be dropped from the records.
    4. Students who present a disruption to the class and impair the ability of other students to learn the lessons will be asked to leave and their names will be given to the Department Chair, Divisional Dean, and Vice President for Student Affairs.
    5. It is understood I reserve the right to change this syllabus at any time during the semester with proper notification given to the students.

Grading:

Tests (September 20, October 21, November 18) 20% each

Final Exam (Cumulative) 25%

Homework, Attendance, & Participation 15%

Scale

Grade

Range

A

90-100

A-

85-89

B+

80-84

B

75-79

B-

70-74

C+

65-69

C

60-64

D

50-60

F

<50

Statement on Academic Honesty:

Morehouse College is world renowned for the men it produces. One of the strongest aspects of this reputation is the integrity of its graduates. This integrity is an expected part of this class. Students are expected to understand and adhere to basic standards of honesty and academic integrity. This includes, but is not limited to, giving or receiving assistance on examinations. If I deem a violation has occurred, I will present the evidence to the student and to the Vice President for Student Affairs. According to official Institute policy listed in the catalog, I have the right to assign any academic penalty, including failure, which I believe to be necessary.

Course Outline

Week

Date

Topics

Chapters

1

8/28-8/30 Introduction; Probability 1, 2

2

9/2-9/6 Labor Day; Probability 2, 3

3

9/9-9/13 Decision Theory 3

4

9/16-9/20 Decision Theory; Exam 1 4

5

9/23-9/27 Simulation; TQM; Statistical Process Control 15, 17

6

9/30-10/4 SPC, Forecasting 17, 5

7

10/7-10/11 Forecasting 5

8

10/14-10/18 Forecasting 5

9

10/21-10/25 Exam 2; Inventory Models 6, S6

10

10/28-11/1 Linear Programming 7, 8

11

11/4-11/8 Linear Programming 7, 8

12

11/11-11/15 Linear Programming 7, 8

13

11/18-11/22 Exam 3; Markov Analysis

14

11/25-11/29 Queuing Theory; Thanksgiving 16

15

12/2-12/6 Review; Reading Period 14

16

12/9-12/13 Final Exams

Up Sample Exam 1 Sample Exam 2 Sample Exam 3 Sample Final Exam Probability HW Quality Control HW Forecasting HW Inventory HW Linear Prog. HW Markov HW Queuing HW