MSCI101-14S2 (C) Semester Two 2014

Management Science

15 points

Details:
Start Date: Monday, 14 July 2014
End Date: Sunday, 16 November 2014
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 27 July 2014
  • Without academic penalty (including no fee refund): Sunday, 12 October 2014

Description

An introduction to operations research and operations management for problem solving in a management context, including the process of building and using mathematical and spreadsheet models. Introduces project/event management, linear programming and simulation. It also deals with identifying costs, decision making over time and uncertainty issues. The course develops spreadsheet skills; an invaluable tool for modern business.

The course introduces the basic concepts of Management Science and Operations Management and its application to business. The topics include project management, forecasting, inventory management, cost-benefit analysis and decision-making. The course develops problem solving and spreadsheet skills, an invaluable tool for modern business.

Relationship to Other Courses
There is no prerequisite for this course.

This course introduces students to the discipline of Management Science and Operations Management, as a preparation for higher-level (i.e. 200 or 300 level) courses in Operations and Supply Chain Management (OSCM). It forms part of the requirements for the Bachelor of Commerce degree major in Operations and Supply Chain Management, Management, and Strategy and Entrepreneurship. MSCI101 is important for students majoring in management or marketing, and a useful companion to mathematics, statistics, computer science, engineering, forestry, and economics.

Learning Outcomes

The central aims of this course (for students) are to:
– understand the core concepts of Management Science and Operations Management;
– use mathematical tools and techniques to aid decision-making and planning;
– enhance the level of critical thinking; and
– gain Excel spreadsheet skills

To achieve these, the course objectives (for students) are to:
– understand the disciplines of Management Science and Operations Management and their role in business and other decision-making
– gain an overview of the process of developing and using a quantitative techniques in decision making and planning
– interpret the outcome of quantitative techniques to gain insights  which could be applied to different context of interest
– identify underlying assumptions and approximations in simple models
– use spreadsheets to formulate and use simple models
– use different inventory control models, critical path, forecasting techniques and queuing models in business
– appreciate the effect of multiple criteria on decision-making and decision tree

The course develops spreadsheet skills throughout. Topics included in this course are - introducing management science and operations management, project management, break-even analysis, decision analysis, multi-criteria decision making, forecasting and inventory management.

Restrictions

MSCI102, MSCI112

Course Coordinator / Lecturer

Mesbahuddin Chowdhury

Assessment

Assessment Due Date Percentage  Description
Online Assessment (5 quizzes) 10% Online Assessment (5 quizzes)
Mid Semester Test 22 Aug 2014 30% Mid Semester Test
Final Examination 60% Final Examination


For the test and final exam, students are required to use Calculator for solving quantitative problems. The mid-semester test covers all the lecture topics from week 1 to week 6 including tutorial classes during these weeks. The final examination covers all lectures, tutorial classes, computer activities and the assigned readings.

Grading
The online assessments are not mastery-based. A student passing an online assessment gains full marks towards their final grade. The assessments will be run or submitted through Learn. More information on each online assessment will be provided closer to the assessment date.

For the online assessments there will be no extensions or aegrotats. For the other assessment, aegrotats may be applied for as outlined in the Calendar.

Textbooks / Resources

There is no required textbook for this course. Readings will be provided through Learn.

Notes

Prerequisites
There are no prerequisites. However, we strongly recommend that students are concurrently enrolled in or have completed MSCI110 or some other university mathematics and statistics to ensure the necessary prerequisites for 200-level MSCI courses.

Relationship to Other Courses
This course introduces students to the discipline of Management Science, preparatory to further courses in Management Science and Operations Management. It forms part of the requirements for the Bachelor of Commerce degree majors in Management Science and Operations Management, Management, and Strategy and Entrepreneurship. MSCI101 is important for students majoring in management or marketing, and a useful companion to mathematics, statistics, computer science, engineering, forestry, and economics.

Departmental Academic Policies
The Department assumes that you have read this document.

You should also read the General Course and Examination Regulations

Dishonest Practice
The University of Canterbury considers cheating and plagiarism to be serious acts of dishonesty.  All assessed work must be your own individual work unless specifically stated otherwise in the assessment guidelines. Material quoted from any other source must be clearly acknowledged. You must not copy the work of another person (student or published work) in any assessment including examinations, tests and assignments. Any person, who is found to have copied someone else's work, or to have allowed their work to be copied, will receive a fail grade for that piece of assessment and may face disciplinary action which may lead to a fine, community service or exclusion from the university.

IMPORTANT: Where there are concerns regarding the authorship of written course work, a student can be required to provide a formal, oral explanation of the content of their work.

Coversheets - Group and Individual

Indicative Fees

Domestic fee $709.00

International fee $3,063.00

* 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 MSCI101 Occurrences

  • MSCI101-14S2 (C) Semester Two 2014