Course detail
Quantitative methods
FP-BQMEAcad. year: 2024/2025
The course is focused on theoretical explanation and practical application of selected methods of operational analysis as a systemic basis of quantitative approach to decision making in economics and management. Emphasis is placed especially on the manager´s view, which is based on the fact, that in the application of quantitative methods his main task focuses on the phase of model formulation, its interpretation and implementation of model outputs into the original real system.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Offered to foreign students
Entry knowledge
Rules for evaluation and completion of the course
COMPLETION OF THE COURSE
Requirements for gaining the credit:
Successful completion and defence of the semester project by the deadline: max. 40 points, min. 20 points required.
Examination requirements:
Successful completion of the written test: max. 60 points, min. 30 points required.
The examination is in writing (oral examination if necessary).
The resulting mark for the course is the sum of the points from the seminars and the examination according the grade scale ECTS of BUT Study and Examination Regulations:
A: 100 – 90 points
B: 89 – 80 points
C: 79 – 70 points
D: 69 – 60 points
E: 59 – 50 points
F: 49 – 0 points
COMPLETION OF THE COURSE FOR STUDENTS WITH INDIVIDUAL STUDY
Requirements for gaining the credit:
The same as in the section COMPLETION OF THE COURSE.
Examination requirements:
The same as in the section COMPLETION OF THE COURSE.
COMPLETION OF THE COURSE USING DISTANCE FORM (APPLIES ONLY WHEN OBJECTIVE EXTERNAL CIRCUMSTANCES DO NOT ALLOW THE IMPLEMENTATION OF THE STUDY PROGRAM IN ACCORDANCE WITH THE GRANTED ACCREDITATION)
Requirements for gaining the credit:
The same as in the section COMPLETION OF THE COURSE.
Examination requirements:
The same as in the section COMPLETION OF THE COURSE.
Aims
The aim of the course is to acquaint students with selected quantitative methods from the field of operational analysis and their practical application, which strengthens the skills of logical and systems thinking in solving decision problems in economic systems.
Study aids
See Course literature.
Study materials available on e-learning.
Prerequisites and corequisites
Basic literature
RAIS, K, DOSTÁL, P. Operational Research. CERM. Brno: CERM Akademické nakladatelství, 2008. 84 p. ISBN: 978-80-214-3437-0 (EN)
Recommended reading
MATEO, J.R.S.C. Management Science, Operations Research and Project Management: Modelling, Evaluation, Scheduling, Monitoring. Farnham: Taylor & Francis Group, 2015, 227 p. ISBN 9781472426437. (EN)
YADAV, S.R., MALIK, A.K. Operations Research. New Delhi, India: Oxford University Press, 2014. 691 p. ISBN 978-0-19-809618-4. (EN)
Elearning
Classification of course in study plans
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
2. Formulation of a mathematical model of linear programming.
3. Formulation of a mathematical model of linear programming.
4. Solving linear programming problems.
5. Introduction to project management.
6. Time analysis of deterministic network graphs.
7. Time analysis of stochastic network graphs.
8. Construction of project schedule.
9. Resource analysis of the project.
10. Time analysis of AON (Activity-On-Node) network graphs.
11. Time analysis of generalized network graph.
12. Theory of decision making.
13. System science.
Exercise
Teacher / Lecturer
Syllabus
2. Formulation of a mathematical model of linear programming.
3. Graphical solving of linear programming problems.
4. Time analysis of deterministic network graph.
5. Time analysis of stochastic network graph.
6. Check test.
7. Correction test.
Elearning