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North Central Mindanao College: College of Business Administration and Accountancy

This document is a course guide for the Management Science course offered at North Central Mindanao College. The 3-credit, semester-long course provides an introduction to management science and linear programming techniques. It will cover topics like linear programming fundamentals, sensitivity analysis, and applications in marketing, finance, and operations management. Students will learn how to model and solve problems like capital budgeting, sales allocation, and scheduling. The course outline details 16 weeks of topics, assignments, and exams. The instructor's contact information is provided at the end.

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AdonMikeMaranganCatacutan
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62 views4 pages

North Central Mindanao College: College of Business Administration and Accountancy

This document is a course guide for the Management Science course offered at North Central Mindanao College. The 3-credit, semester-long course provides an introduction to management science and linear programming techniques. It will cover topics like linear programming fundamentals, sensitivity analysis, and applications in marketing, finance, and operations management. Students will learn how to model and solve problems like capital budgeting, sales allocation, and scheduling. The course outline details 16 weeks of topics, assignments, and exams. The instructor's contact information is provided at the end.

Uploaded by

AdonMikeMaranganCatacutan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 4

North Central Mindanao College

Maranding, Lala, Lanao Del Norte


Tel. No. (063) – 388 – 7213

University

College of Business Administration and Accountancy


AE 4: Management Science
1st Semester of A.Y. 2020-2021

Course Description Credit Units: 3

This course is an introduction to the basic theory underlying Management Science and
Operations Research. It focuses on linear programming, the fundamental concepts, and
algorithms. Applications drawn from different functional areas of business will also be
presented. In particular, the course will cover a variety of applications of management
science in the areas of finance, marketing, and production such as capital budgeting,
optimal sales allocation, and scheduling and distribution. Special cases of linear
COURSE GUIDE

programming problems, such as the transportation problem and assignment problems


will also be studied.

Course Outcomes

Students are able to:


 Defines the basic concepts in the field of management
 Discusses Management Science Techniques
 Defines the basic elements of modern organization theory.
 Discuss the introduction to linear programming
 Understand the Linear Programming: Sensitivity Analysis and
Interpretation
 Describes the Graphical Solution Procedure and Explains The
Electronic Communications
 Understand the Linear Programming Applications in Marketing,
Finance, and Operation Management
 Appreciate the Advance Linear Programming Applications
 Explain the Distribution and Network Models;
 Construct Nonlinear Optimization Models
 Know the Project scheduling
 Understand the Inventory Models
 Explain the Multicriteria Decisions

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Crafted by Mr. Arvin Narvaza
Course Outline

Unit 1. INTRODUCTION
Module 1: Problem Solving and Decision Making
Module 2: Method Used Most Frequently
Module 3: Simple Maximization Problem
Module 4: Graphical Solution Procedure

Unit 2. INTRODUCTION TO SENSITIVITY ANALYSIS SENSITIVITY ANALYSIS


Module 1: Introduction to sensitivity Analysis
Module 2: Sensitivity Analysis: Computer Solution
Module 3: The Electronic Communications Problem

Unit 3. LINEAR PROGRAMMING: APPLICATIONS IN MARKETIMG, FINANCE, AND OPERATION MGNT.


Module 1: Marketing Applications
Module 2: Financial Applications
COURSE GUIDE

Module 3: Operation Management Applications

Unit 4. ADVANCE LINEAR PROGRAMMING APPLICATIONS


Module 1: Data Envelopment Analysis
Module 2: Revenue Management
Module 3: Supply Chain Models
Module 4: Assignment Problem

Course Materials

Learning Modules, Internet connections, Laptops, Smart phones and other gadgets.

Study Schedule

WEEK TOPICS ACTIVITY


Problem Solving and
Week 1:
Decision Making, Method “Setting the Scene”
August 24-28, 2020
Used Most Frequently
Interview and Critical
Week 2: Simple Maximization
Observation
August 31-Septerber 4, 2020 Problem

Graphical Solution
Week 3: Oral recitation
Procedure
Introduction to sensitivity Graded Recitations
Week 4:
Analysis
Sensitivity Analysis: Interactive lectures
Week 5:
Computer Solution
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Crafted by Mr. Arvin Narvaza
The Electronic
Week 6: Reasoning and Proof
Communications Problem
Collaborative and
Week 7: Marketing Applications Integrative approach

Week 8: Financial Applications Show and Tell

Week 9: Midterm Examinations


(Date)
Operation Management Collaborative and
Week 10:
Applications Integrative approach
Data Envelopment
Week 11: Graded Recitations
Analysis
Week 12: Revenue Management Integrative approach
Graded Recitations
Week 13: Supply Chain Models
Interactive lectures
Week 14: Assignment Problem
COURSE GUIDE

Reasoning and Proof


Week 15: Integer Linear Programming
Nonlinear Optimization Interactive lectures
Week 16:
Models
Interactive lectures
Week 17: Project Scheduling
Week 18: Final Examinations
(Date)
Course Requirements

Readings & homework, Computer assignment, Exams, Team Project

Grading System

Important Reminders

 Appreciate the functions of mathematics in business and management. This is to


analyze and solve problems on important factors in managing a business: buying
products and selling products.

Instructor’s Contact Details

Adon Mike M. Catacutan, LPT


0906-1323-624
[email protected]

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Crafted by Mr. Arvin Narvaza
COURSE GUIDE

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Crafted by Mr. Arvin Narvaza

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