Academic Catalog

BA5504 OPTIMIZATION METHODS FOR MANAGEMENT

Course Code: 3125504
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 8.0
Department: Business Administration
Language of Instruction: English
Level of Study: Graduate
Course Coordinator:
Offered Semester: Spring Semesters.

Course Content

Management decisions involve the most effective use of resources which is generally referred as optimization. This lecture is an advanced level course on the concepts of optimization. We focus on linear optimization, its geometry, simplex method, the role of sensitivity analysis and duality. We will also discuss integer and nonlinear optimization problems.