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Lecture | Information Systems

Management Science and Inventory Analysis

Summary

The course focuses on quantitative methods in information systems. The target audience is students in Information Systems and Business Administration. Basic principles of optimization are presented and students are taught how to model real problems using Microsoft Excel.

The students will also get to work with queuing models and inventory models and will get insight in how real world industrial problems can be solved using quantitative methods. All methods and models are illustrated with examples. The course is based on 14 lectures (each lecture is two times 45 minutes) and 2 course assignments solved in groups.

Course eligibility Optional
Presence of students On-campus

Compulsory readings

Title: Introduction to Operations Research
Author: F.S. Hillier and G.J. Lieberman
Edition: 5th ed.
Publisher: New York : McGraw-Hill

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