Skip to main content
Skip header
Terminated in academic year 2015/2016

Exact Methods of Decision Making II

Type of study Follow-up Master
Language of instruction Czech
Code 634-0805/01
Abbreviation EMRII.
Course title Exact Methods of Decision Making II
Credits 6
Coordinating department Department of Economics and Management in Industry
Course coordinator prof. Ing. Emilie Krausová, CSc.

Subject syllabus

- Exact elements of decision making process of the operational and strategic management.
- Generating and rating version of solving decision making process. Version rating.
- Mono-criterial and multi-criterial version rating decision making process.
- Mathematic programming and its instrument of the optimalization.
- Linear and non-linear problem and its optimalization. Duality of problem. Parametric programming and sensibility of the problem.
- Dynamic programming.
- Time-costs optimalization.
- Waiting-line theory - kinds of models. Monte-Carlo algorithm.
- Sequence theory - Johnson algorithm and Johnson-Pruckner algorithm.
- Theory of reserves - stochastic and deterministic models.
- Renewal theory - optimalization models.
- Game theory and strategic behavior.
- Structural analyses.

Literature

[1] Paul D. Van Ness a kol.: Quantitative Methods for Management Decisions, McGraw - Hill Book Company USA, 1985, ISBN 0-07-12519-8
[2] Turban E., Meredith J. R.: Fundamentals of Management Science, Irwin, USA, 1991, 5. vydání, ISBN 0-256-08373-8
[3] Curvin J., Slater R.: Quantitative methods for business decisions, Chapman & Hall, England, 1991, 3. edition, ISBN 0-412-40240-8
[4] Winston, W. L.: Operations research : applications and algorithms, Belmont : Brooks/Cole, 4th edition, 2004, ISBN 0-534-42362-0

Advised literature

[1] Anderson, D. R.: Quantitative methods for business, Mason : South-Western Cengage Learning, 2010, 11. vydání, ISBN 978-0-324-65181-2