Management Science

Module WI000275_E

This Module is offered by Chair of Operations Management (Prof. Kolisch).

This module handbook serves to describe contents, learning outcome, methods and examination type as well as linking to current dates for courses and module examination in the respective sections.

Module version of WS 2016/7

There are historic module descriptions of this module. A module description is valid until replaced by a newer one.

Whether the module’s courses are offered during a specific semester is listed in the section Courses, Learning and Teaching Methods and Literature below.

available module versions
SS 2021	WS 2020/1	WS 2018/9	WS 2016/7	SS 2012	WS 2011/2

Basic Information

WI000275_E is a semester module in English language at Bachelor’s level and Master’s level which is offered in winter semester.

This Module is included in the following catalogues within the study programs in physics.

Catalogue of soft-skill courses

Total workload	Contact hours	Credits (ECTS)
180 h	60 h	6 CP

Content, Learning Outcome and Preconditions

Content

Management Science is about modeling, solving and analyzing planning and decision problems using mathematial concepts. Management Science is used across different industries, departments and organizations. The lecture will treat the Management Science approach to decision making in general and the following topics in particular: Linear Programming, Mixed-Integer Programming, Graph Theory, Netwerk Flow, Dynamic Programming and Decision Theory.

Learning Outcome

After successful completion of the module students are capable of modelling planning problems. They are able to solve small business problems manually by using models and methods of linear and horizontal programming, of graph theory, of network flow, of dynamic programming, and of decision theory.

Preconditions

Knowledge of Mathematics and Statistics at the level as definend in the German Abitur

Courses, Learning and Teaching Methods and Literature

Courses and Schedule

WS 2022/3 WS 2021/2 SS 2021 WS 2020/1 WS 2019/20 WS 2018/9 WS 2017/8 WS 2016/7 WS 2015/6 WS 2014/5

Type	SWS	Title	Lecturer(s)	Dates	Links
VO	2	Management Science (WI000275, WI000799)		Thu, 09:45–11:15, 0980 and singular or moved dates	eLearning
UE	2	Management Science Exercices (WI000275, WI000799)		Tue, 15:00–16:30, 0980 and singular or moved dates	eLearning

Learning and Teaching Methods

The module consists of a lecture and exercise courses, which are provided weekly, as well as a voluntary tutorial offered biweekly. In the lecture the content is jointly developed with the students mainly by using slides. The exercise course repeats parts of the lecture contents by using examples. The tutorials are delivered by student teaching assistants for groups of up to 20 students which gives the student the opportunity to pose questions and receive immediately help from the teaching assistant.

This module is also offered at TUM Campus Straubing.

Media

Script, Presentation slides

Literature

Bradley, S.P., A.C. Hax und T.L. Magnanti: Applied Mathematical Programming, Addison-Wesley, 1977. Domschke W and A. Drexl: Einführung in Operations Research, 9th Ed., Springer, 2015.
Hillier FS and Lieberman GJ: Introduction to Operations Research, 9th ed., McGraw-Hill, 2010. Winston WL: Operations Research, 5th Ed., Thomson, 2004.
Hillier FS and Lieberman GJ: Introduction to Operations Research, 9th ed., McGraw-Hill, 2010. Winston WL: Operations Research, 5th Ed., Thomson, 2004.

Module Exam

Description of exams and course work

Students mastery of the content taught in this module is checked with a 60 minutes written exam. Students are only allowed to use a non-programmable calculator. In the exam students have to answer questions, apply algorithms to solve problems, create mathematical models for small example problems, and discuss presented results. By this the students have to demonstrate that they have understood and can apply the mathematical models and methods to solve business planning problems. The overall grade of the module is based on the result obtained in the written exam.

Exam Repetition

There is a possibility to take the exam in the following semester.

Current exam dates

Currently TUMonline lists the following exam dates. In addition to the general information above please refer to the current information given during the course.

Title
Time	Location	Info	Registration
Campus Heilbronn: Management Science

Campus Munich: Management Science
	00.02.001	Bachelor
Operations Research and Decision Analysis
	0360 1200 2300 N1179 N1190 2750