| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | UT408B.13 | Decision Making in International Business | Elective | 4 | 8 | 5 |
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| Level of Course Unit |
| First Cycle |
| Objectives of the Course |
| This course provides a framework for analyzing the decisions of internationally active firms. The course will focus on management science tools and decision-making approaches that are widely used to develop solution strategies for optimization problems of international businesses. |
| Name of Lecturer(s) |
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| Learning Outcomes |
| 1 | To have knowledge about the basic components of mathematical modeling and linear programming to solve business problems. | | 2 | To be able to use the basic tools of management science to make decisions in a challenging and uncertain international business environment. | | 3 | To be able to use critical thinking and independent problem solving skills in the face of complex international business problems. |
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| Mode of Delivery |
| Normal Education |
| Prerequisites and co-requisities |
| none |
| Recommended Optional Programme Components |
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| Course Contents |
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| Weekly Detailed Course Contents |
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| 1 | Decision Process and Model Building | | | | 2 | Introduction to Linear Programming Linear Programming Applications in International Business | | | | 3 | Solution of Linear Programming Models Sensitivity Analysis | | | | 4 | Special Purpose Linear Programming Applications: Transportation and Assignment Models | | | | 5 | Network Optimization | | | | 6 | Game Theory | | | | 7 | Decision Theory and Uncertainty of Benefit and Decision Making Under Risk | | | | 8 | Midterm exam | | | | 9 | Decision Theory and Uncertainty of Benefit and Decision Making Under Risk | | | | 10 | Multi Criteria Decision Models | | | | 11 | Comprehensive Case Studies | | | | 12 | Comprehensive Case Studies | | | | 13 | Comprehensive Case Studies | | | | 14 | Comprehensive Case Studies | | | | 15 | Comprehensive Case Studies | | | | 16 | Final Exam | | |
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| Recommended or Required Reading |
| Statistics, Data Analysis, and Decision Modeling, 2010, Pearson Education.
Introduction to Management Science, Hillier and Hillier, 2010, Pearson Education.
Operations Research: Applications and Algorithms, Wayne L. Winston, 4th ed. or later ed., Thomson Learning.
Decision Theory, Principles and Applications, Giovanni Parmigiani, Lurdes Yoshiko Tani Inoue, John Wiley and Sons, 2009 |
| Planned Learning Activities and Teaching Methods |
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| Assessment Methods and Criteria | |
| Midterm Examination | 1 | 100 | | SUM | 100 | |
| Final Examination | 1 | 100 | | SUM | 100 | | Term (or Year) Learning Activities | 40 | | End Of Term (or Year) Learning Activities | 60 | | SUM | 100 |
| | Language of Instruction | | Turkish | | Work Placement(s) | |
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| Workload Calculation |
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| Midterm Examination | 2 | 20 | 40 |
| Final Examination | 2 | 20 | 40 |
| Attending Lectures | 14 | 5 | 70 |
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| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | 4 | 3 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | | LO2 | 4 | 3 | 3 | 4 | 3 | 4 | 3 | 3 | 3 | 3 | | LO3 | 4 | 4 | 3 | 4 | 3 | 3 | 4 | 4 | 4 | 4 |
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| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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