Prof Dr Y İlker TOPCU wwwilkertopcu net www ilkertopcu org www ilkertopcu info facebookcom yitopcu twittercom yitopcu instagramcom yitopcu webituedutr ID: 658097
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IE582 MULTI CRITERIA DECISION MAKING
Prof. Dr.
Y. İlker TOPCU
www.ilkertopcu.
net
www.
ilkertopcu
.org
www.
ilkertopcu
.
info
twitter.com/yitopcu
facebook.com/yitopcu
instagram.com/yitopcuSlide2
web.itu.edu.tr/topcuil
/
ya/IE582Slide3
Multiple Criteria Decision Making
Structuring the problem (Cognitive Mapping
, Fuzzy Cog
.
Map.)Constructing the model (Normalization, Prioritiz’n, Conjoint)Analyzing the problemAnalytic Hierarchy Process / Analytic Network ProcessElementary methodsMAVT, SMARTS, SAW, WP, TOPSISOutranking methods (PROMETHEE, ELECTRE)Group decision making (Social choice)Decision analysisDecision tables / payoff matricesUtility theory Decision trees
Course descriptionSlide4
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 objectivesSlide5
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 outcomesSlide6
Web site of the
courseUp
-
to-date lecture notes and supplementsSolutions 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
ReferencesSlide7
Exams
(
60%)Term project (
4
0%)Exams will be “take home”Assessment CriteriaSlide8
Exams
Midterm
exam 1 March
26,
Take homeMidterm exam 2April 8, Take homeSlide9
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 26Deadline for 2nd submission (literature survey): April 8Deadline for final submission (report
):
April 22
Presentations:
April 22Slide10
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
PlagiarismSlide11
ScheduleSlide12
Prof. Dr. Y. İlker Topcu
Office
address
Management
Faculty C301, Maçka, Istanbul Phone(212) 293 1300 /2069 office - (532) 355 5045 mobile Web sitewww.ilkertopcu.net, www.ilkertopcu.org, www.ilkertopcu.info twitter.com/yitopcu, facebook.com/yitopcu,
instagram.com/yitopcu
E-mail
address
ilker.
topcu
@itu.edu.tr Slide13
Professor at Industrial Engineering department,
ITU (2011
- )Visiting Professor at The Joseph M. Katz Graduate School of
Business, University of Pittsburgh (2018-2019)
Ph.D. in ITU Engineering Management program (2000)Visiting Researcher 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