Course detail
Quantitative methods
FP-BkvmPAcad. year: 2019/2020
The course is focused on the presentation of selected quantitative methods used for a more detailed analysis of economic processes serving as a tool for support of managerial decision making. Emphasis is placed more on the manager's view (student of management), which is based on the fact that by the application of quantitative methods is its main task focused on the model formulation phase, its interpretation and implementation of model outputs into the original real system.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Learning outcomes of the course unit
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
1. Successful completion of the semester project within the specified deadline.
2. Successful completion of credit test.
A maximum of 100 points may be obtained with a maximum of 50 points for credit test, 25 points for the semester project and 25 points for an eventual correction test. A minimum of 50 points need to be achieved for the credit.
Examination Requirements:
1. Successful completion of the exam test.
The exam is carried out in writing (if necessary an oral exam). For its successful completion it is necessary to reach min. 50% out of a possible score of the exam (maximum 30 points).
Overall evaluation of the course is based on the results obtained by exam with possible reference to the results obtained during the semester.
The grades and corresponding points:
A (30-27), B (26-24), C (23-21), D (20-18), E (17-15), F (14-0).
Course curriculum
2. Introduction to the linear programming, linear programming problems.
3. Formulation of the linear programming model.
4. Special type of linear programming problems.
5. Linear programming problems – solving methods (graphical, algebraic, software)
6. Post-optimality analysis (Sensitivity analysis).
7. Graph theory – basic concepts.
8. Construction of the network diagram (AOA, AON).
9. Critical Path Method (CPM).
10. Program Evaluation and Review Method (PERT).
11. Project time vs project cost.
12. Analysis of the generalized network diagram.
13. Inventory models.
Work placements
Aims
Specification of controlled education, way of implementation and compensation for absences
Recommended optional programme components
Prerequisites and corequisites
Basic literature
Recommended reading
FOTR, J.; DĚDINA, J.; HRŮZOVÁ, H. Manažerské rozhodování. 3. přepracov. vyd. Praha: Ekopress, 2003. ISBN 80-86119-69-6.
GROS, I. Kvantitativní metody v manažerském rozhodování. 1. vyd. Praha: Grada Publishing a.s., 2003. 432 s. ISBN 80-247-0421-8.
JABLONSKÝ, J. Operační výzkum : kvantitativní modely pro ekonomické rozhodování. Praha: Professional Publishing, 2002. ISBN 80-86419-23-1.
RAIS, K. DOSKOČIL, R. Operační a systémová analýza I. Skripta, Brno: VUT v Brně, Fakulta podnikatelská, 2011, 125 s., ISBN 978-80-214-4364-8.
WISNIEWSKI, M. Metody manažerského rozhodování. Praha: Grada Publishing a.s., 1996. 512 s. ISBN 80-7169-089-9.
Classification of course in study plans
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
2. Introduction to the linear programming, linear programming problems.
3. Formulation of the linear programming model.
4. Special type of linear programming problems.
5. Linear programming problems – solving methods (graphical, algebraic, software)
6. Post-optimality analysis (Sensitivity analysis).
7. Graph theory – basic concepts.
8. Construction of the network diagram (AOA, AON).
9. Critical Path Method (CPM).
10. Program Evaluation and Review Method (PERT).
11. Project time vs project cost.
12. Analysis of the generalized network diagram.
13. Inventory models.
Exercise
Teacher / Lecturer
Syllabus
2. Special type of linear programming problems.
3. Linear programming problems – solving methods (graphical, algebraic, software)
4. Construction of the network diagram (AOA, AON).
5. Critical Path Method (CPM).
6. Program Evaluation and Review Method (PERT).
7. Credit test