OPMA 5321—Fall 2012
Introduction to Management Science
Thursday 7:00-9:50pm, Section 001, Room 103 Pickard Hall
Professor: Dr. Greg Frazier Office Hours:
Office: 530 Business Bldg. Thursday 6:00-7:00
Phone: (817) 2723559 (or by appointment)
Fax: (817) 272-5801
EMail: Web: www2.uta.edu/frazier/
CATALOG DESCRIPTION
Introduction to optimization and quantitative analysis of business problems. Topics include applications of linear and integer programming, network analysis, simulation, game theory, queuing theory, and other operations research tools.
LEARNING OBJECTIVES
1. Appreciate the wide variety of applications for management science techniques.
2. Be able to recognize when to use different techniques.
3. Understand the fundamental concepts and assumptions for each technique.
4. Gain the skills to correctly formulate models to find optimal solutions.
5. Learn to correctly interpret solutions and other information from computer outputs.
PREREQUISITE KNOWLEDGE
You should have a basic understanding of simple algebra. You should also be familiar with Excel.
ATTENDANCE
It is your responsibility to get the notes from another student if you miss a class. More so than for most courses, it is important to attend each class session. The concepts and techniques are often easier to understand in class than from reading the text. Attendance will be taken each class and is 10% of the course grade.
ASSIGNMENTS
You will be given five assignments during the term. These will usually consist of formulating models for various business problems, solving these models with software, and interpreting the results. Since the assignments are 25% of your grade and are good practice for the exams, you should make sure you complete these on time. Late assignments will only receive half credit at most, and will not be accepted after the following class period past the due date.
TERM PROJECT
During the second half of the term you will be given a project assignment. The project will consist of a relatively large problem for which you will analyze and develop a solution. You will write a consulting report describing your analysis and recommendations.
COURSE MATERIALS
Required
Text: An Introduction to Management Science, 13th edition, Anderson, Sweeney, Williams, Camm, and Martin, 2012, publisher: South-Western
GRADING
Exam 1 25%
Exam 2 25%
Assignments 25%
Project 15% Due Thursday, December 6, at 8:15pm
Attendance 10%
100%
A = 90% and above
B = 80% - 89%
C = 70% - 79%
D = 60% - 69%
F = less than 60%
UTA Policies and Information
Americans With Disabilities Act:
The University of Texas at Arlington is on record as being committed to both the spirit and letter of federal equal opportunity legislation; reference Public Law 92-112 - The Rehabilitation Act of 1973 as amended. With the passage of federal legislation entitled Americans with Disabilities Act (ADA), pursuant to section 504 of the Rehabilitation Act, there is renewed focus on providing this population with the same opportunities enjoyed by all citizens.
As a faculty member, I am required by law to provide "reasonable accommodations" to students with disabilities, so as not to discriminate on the basis of that disability. Student responsibility primarily rests with informing faculty of their need for accommodation and in providing authorized documentation through designated administrative channels. Information regarding specific diagnostic criteria and policies for obtaining academic accommodations can be found at www.uta.edu/disability. Also, you may visit the Office for Students with Disabilities in room 102 of University Hall or call them at (817) 272-3364.
Academic Integrity:
It is the philosophy of The University of Texas at Arlington that academic dishonesty is a completely unacceptable mode of conduct and will not be tolerated in any form. All persons involved in academic dishonesty will be disciplined in accordance with University regulations and procedures. Discipline may include suspension or expulsion from the University.
"Scholastic dishonesty includes but is not limited to cheating, plagiarism, collusion, the submission for credit of any work or materials that are attributable in whole or in part to another person, taking an examination for another person, any act designed to give unfair advantage to a student or the attempt to commit such acts." (Regents’ Rules and Regulations, Series 50101, Section 2.2)
Student Support Services Available:
The University of Texas at Arlington supports a variety of student success programs to help you connect with the University and achieve academic success. These programs include learning assistance, developmental education, advising and mentoring, admission and transition, and federally funded programs. Students requiring assistance academically, personally, or socially should contact the Office of Student Success Programs at 817-272-6107 for more information and appropriate referrals.
THE INSTRUCTOR RESERVES THE RIGHT TO MAKE CHANGES TO THE SYLLABUS AS NECESSARY.
IT IS THE STUDENT’S RESPONSIBILITY TO BE AWARE OF THESE CHANGE.
OPMA 5321 –MANAGEMENT SCIENCE – Fall 2012
Thursday 7:00-9:50pm, Section 001, Room 103 Pickard Hall
Date Ch Topic Pages Assignments
Aug 23 1 Introduction to Mgmt.Science 2-18 A1
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Aug 30 2 Linear Programming & LP Solutions 29-64, 87-91 A2
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Sep 6 3, 4 Sensitivity Analysis & LP Applications 93-122, 148-150 A1 due
154-188
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Sep 11 4 LP Applications A2 due; A3
17 Simplex Method for Solving LPs (on book website)
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Sep 18 5 Advanced LP Applications 215-247
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Sep 25 6 Distribution & Network Models 256-287 A3 due
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Oct 4 EXAM 1 -- bring calculator
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Oct 11 7 Integer Linear Programming 318-344 Term Project; A4
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Oct 18 8 Nonlinear Optimization Models 366-392, 409-411
13 Decision Analysis 603-614
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Oct 25 11 Waiting Line Models 503-530 A4 due; A5
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Nov 1 12 Simulation 543-576
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Nov 8 14 Multicriteria Decisions 660-690 A5 due
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Nov 15 EXAM 2 -- bring calculator (not comprehensive)
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Nov 22 THANKSGIVING BREAK (no class)
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Nov 29 Review exam; work on projects
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Dec 6 Thursday -- Term Project Due by 8:15pm