/
MHY530E DECISION MAKING TECHNIQUES MHY530E DECISION MAKING TECHNIQUES

MHY530E DECISION MAKING TECHNIQUES - PowerPoint Presentation

karlyn-bohler
karlyn-bohler . @karlyn-bohler
Follow
392 views
Uploaded On 2017-09-16

MHY530E DECISION MAKING TECHNIQUES - PPT Presentation

Prof Dr Y İlker TOPCU wwwilkertopcu net www ilkertopcu org www ilkertopcu info facebookcom yitopcu twittercom yitopcu instagramcom yitopcu Credits 30 ID: 588378

making decision ilkertopcu www decision making www ilkertopcu management yitopcu research itu criteria exam exams multi term problem business

Share:

Link:

Embed:

Download Presentation from below link

Download Presentation The PPT/PDF document "MHY530E DECISION MAKING TECHNIQUES" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.


Presentation Transcript

Slide1

MHY530E DECISION MAKING TECHNIQUES

Prof. Dr.

Y. İlker TOPCU

www.ilkertopcu.

net

www.

ilkertopcu

.org

www.

ilkertopcu

.

info

twitter.com/yitopcu

facebook.com/yitopcu

instagram.com/yitopcuSlide2
Slide3

Credits: 3+0ECTS Credits:

7.5

Type:

ElectiveLanguage: EnglishWeb site: web.itu.edu.tr/topcuil/ya/MHY530E

Course informationSlide4

Multiple Criteria Decision Making

Structuring the problem (Cognitive Mapping

,

Fuzzy Cog. Map.)Constructing the model (Normalization, Prioritiz’n, Conjoint)Analyzing the problem

Analytic Hierarchy Process / Analytic Network Process

Elementary methodsMAVT, SMARTS, SAW, WP, TOPSISOutranking methods (PROMETHEE, ELECTRE)Group decision making (Social choice)Decision analysisDecision tables / payoff matricesUtility theory Decision trees

Course descriptionSlide5

to provide students practical techniques and decision support tools those help them to solve decision problems

to enable students to integrate judgments with other types of information in a logical and defensible manner

to improve students’ decision making skills, their ability to analyze problems systematically, and their confidence in their own decision making

Course objectivesSlide6

Students who pass the course gain knowledge, skill and competency in the following subjects:

identifying common errors and traps that prevent them from making effective decisions

learning how decision support systems relate to decision support

using a range of decision making techniques to improve the effectiveness of their decision making, finding (choosing, ranking, or classifying) the best alternative for making a decisionCourse learning outcomesSlide7

Web site of the

course

Up-to-date lecture notes and supplements

Solutions

to exams and homeworkBooksTaylor B.W. 2012. Introduction to Management Science, Pearson Education Inc., New Jersey.

Render B., Stair

Jr

R.M., and Hanna M.E. 2011.

Quantitative Analysis for Management

. Pearson Education Inc., New Jersey.

Goodwin P., Wright G. 2010. Decision Analysis for Management Judgment, John Wiley & Sons, New York.Saaty T.L. 2001. Decision Making for Leaders. RWS Publ., Pittsburg.Saaty T.L. 2005. Theory and Applications of the Analytic Network Process. RWS Publ., Pittsburg.Vincke, Ph., 1992. Multi Criteria Decision Aid. John Wiley & Sons, Inc., West SussexWeb sites of other courses

ReferencesSlide8

Final exam (4

0%), Midterm exam (

3

0%), Term project (30%)Exams will be either “take home” or “open book”Assessment CriteriaSlide9

Exams

Midterm exam

April 3, Take home

Final examAt school, Open bookSlide10

Term Project

Structuring, modeling, and

analysing

a multicriteria managerial decision making problem. Business and governmental problems are welcome. Personal problems can not be used for the term project!Groups will present their projects at the last week. IMPORTANT DATESDeadline for 1st

submission (

proposal): March 6Deadline for 2nd submission (literature survey): March 20Deadline for final submission (report

):

May 8

Presentations:

May 8 & May 15Slide11

Do not!Studying together to understand the material is fine, but the work you hand in is to be your own.

No cheating will be tolerated: A letter grade of F will be given!

Cheating

and PlagiarismSlide12

ScheduleSlide13

Prof. Dr. Y. İlker Topcu

Office

address

???, Maçka, Istanbul Phone(532) 355 5045 mobile Web site

www.ilkertopcu.

net, www.ilkertopcu.org, www.ilkertopcu.info, www.facebook.com/yitopcu, twitter.com/yitopcu

E-mail

address

ilker.

topcu

@

itu.edu.tr Slide14

Professor at

Industrial

Engineering department of ITU (2011)Associate Professorship in Operations Research (2005)Ph

.D. in ITU

Engineering Management programme (2000)Integrated decision aid model for multi-attribute problem solvingPh.D. research at Centre for Decision Research

of

Leeds

University

Business School (1998-1999)Research interestsDecision Analysis, Multi Criteria Decision Making, Group Decision MakingOperations Research / Management ScienceLogistics Management, Ethics in OR, Business Ethics, Transp’n, Energy, Bidding and Tender Systems, Scheduling