MSCI204-09S1 (C) Semester One 2009

Planning Methods for Management

22 points

Details:
Start Date: Monday, 23 February 2009
End Date: Sunday, 28 June 2009
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 8 March 2009
  • Without academic penalty (including no fee refund): Sunday, 24 May 2009

Description

Managing resources and processes often requires the use of planning methods and spreadsheet modelling. Forecasting and simulation help managers predict future resource requirements while linear programs help to make the best use of resources. This course develops practical skills that are useful for managers, operations managers, operations research analysts and engineers.

This course aims to provide students with:
– An overview of the use of simulation in operations management, with experience developing simple simulation models using Simul8.
– Experience developing planning models for operations management and business applications.
– Linear programming formulation skills and the application of basic sensitivity analysis.

To achieve these aims the course will cover the following topics: simple simulations using SIMUL8, developing planning models using modelling software, modelling linear programs, basic sensitivity analysis, the modelling process including: formulation, assumptions and approximations, and validation and verification. The examples and cases used to illustrate the techniques and concepts taught in the course will be drawn from common operations research and operations management situations.

This course is aimed at all Commerce students and any students studying a management science major. It is a prerequisite for MSCI216, MSCI301 and MSCI302. MSCI204 is also required for both the Bachelor of Commerce Endorsements in Operations Research and Operations Management. It is a useful complement for mathematics and computer science. The time commitment including lectures, tutorials, class preparation, review, assignments, and assessment is about 14 hours per week.

Learning Outcomes

  • Students who pass MSCI 204 will be able to:
    1. Develop simple models for planning purposes using modelling software.
    2. Develop and use simple linear programming models.
    3. Develop and use simple simulation models.

    You are responsible for your own learning.

    What we expect from you:
  • Attend lectures.
  • Read the assigned readings.
  • Prepare for and attend tutorials.
  • Be honest in your dealings with the department. Your assessed work must be your own work.
  • Ask for help promptly when the topic is being taught. Don’t wait until one week before the exam or test. It’s too late!
  • Provide constructive feedback through the class representatives.
  • Check that your recorded mark is the same as the one written on your assignments and tests.

    What you can expect from us.
  • Well prepared tutorials and lectures.
  • Fair assessment procedures.
  • Clear feedback on all assignments and tests.
  • Consideration of constructive feedback given through the class representative.

Prerequisites

18 points of MATH, MSCI or STAT

Restrictions

MSCI215

Timetable Note

Tutorials - one hour per week. Thursday 9am, 10am or 11am in Vault 1.

Course Coordinator / Lecturer

Shane Dye

Lecturers

John Raffensperger and Stewart Robinson

Assessment

Assessment Due Date Percentage  Description
Assignment 1 15% Assignment 1
Assignment 2 15% Assignment 2
Assignment 3 15% Assignment 3
Final Examination 55% Final Examination


Final Examination

Textbooks / Resources

Recommended Reading

Powell, Stephen G. , Baker, Kenneth R; Management science : the art of modeling with spreadsheets ; 2nd ed; John Wiley & Sons, 2007.

Notes

Grading:
Your final mark will be calculated after the raw marks have been standardised. This is to ensure all assessment is given the weighting stated.

Return of Assignments:
It is the normal practice of the Department of Management to return test scripts and assignments by handing them out in tutorials or lectures. If any students object to their assignments being returned in this way, they should indicate to us this objection, in writing, and their scripts will be returned separately by the departmental secretary.

Grades will be posted on the notice-board opposite the lifts on Level 3 of the Commerce building.  We expect you to check that your marks have been entered correctly.

Standards of Presentation:
All written work should use correct English.  As a future graduate of the University of Canterbury, you need to be able to express yourself clearly. We encourage all students to make use of the support programmes provided by the Learning Skills Centre on Level 7 of the Central Library.

Departmental Academic Policies
If you want a hard copy of this document, please ask the course co-ordinator. The Department assumes that you have read this document. You should also read the “Information related to courses and assessment” on page 372 of the Enrolment Handbook 2009 (also in UC Calendar under “General Course and Examination Regulations”).

Coversheets - Group and Individual

Indicative Fees

Domestic fee $828.00

International fee $3,483.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Management, Marketing and Tourism .

All MSCI204 Occurrences

  • MSCI204-09S1 (C) Semester One 2009