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Terminated in academic year 2020/2021

Decision Making Methods

Type of study Bachelor
Language of instruction Czech
Code 157-0365/02
Abbreviation MR
Course title Decision Making Methods
Credits 4
Coordinating department Department of Systems Engineering and Informatics
Course coordinator prof. Mgr. Ing. František Zapletal, Ph.D.

Subject syllabus

1. Decision-making as a part of management. Subject and goal of decision-making theory. Structure of a decision-making process
2. Classification of decision-making problems
3. Methods to assign weights to criteria - pointing methods, pairwise comparisons
4. Methods to assign weights to criteria - Saaty's method
5. Methods of multi-criteria decision making (MCDM) - ordering method, TOPSIS method
6. MCDM method: Analytical Hierarchy Method
7. MCDM method: Promethe method
8. Game theory - introduction and classification of conflict problems
9. Game theory - matrix games
10. Game theory - matrix games vs. linear programming
11. Game theory - bi-matrix games
12. Game theory - cooperative games

Literature

DONELLY, James, H., James, L. GIBSON and John M. IVANCEVICH. Management. 6.vyd. Praha: Grada, 1997. 824 s. ISBN 80-7169-422-3.

Advised literature

WISNIEWSKI, Mik. Quantitative Methods for Decision Makers with MathXL. 5th Eddition. London: Prentice Hall, 2009. 600 s. ISBN 978-0-273-71207-7.