Nottingham University Business School
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Management Science for Business Decisions I

Please note that the following information may be subject to change.

Programme: Undergraduate

Module Code: N12802

Semester: Autumn

Convenor: Sanja Petrovic

Credits & Level: 10 Credits, Level 2

Pre-requisites: Familiarity with basic mathematical methods including calculus and the basic concepts of probability.

Co-requisites: None.

Target Students: Available to Part I and Part II students with the required pre-requisite.

Delivery: 11 x two-hour lectures and 2 x two-hour seminars

Assessment: One 2-hour examination (70%); Individual coursework (2,000 words) (30%)

Exam Format:Section A: Answer FOUR questions from SIX (20%); Section B: answer TWO questions from FOUR (80%)

Summary of Content This module develops an understanding of when and how different approaches, models and methods are used in management decision-making. Areas covered include: optimisation models and methods, project management methods, queuing systems and simulation, sequencing and scheduling

Aims The module aims to provide an introduction to the methods and techniques of management science in business and industry with an emphasis on the management of operations. The module emphasises applications and implementations

Key Words: Operational research, management science, quantitative methods

Learning Objectives & Outcomes Knowledge and understanding
This module develops a knowledge and understanding of:
  • The management of resources
  • Management science models
Intellectual skills
This module develops:
  • The ability to analyse facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions
  • Conceptual and critical thinking, analysis, synthesis and evaluation
Professional practical skills
This module develops:
  • Numeracy and quantitative skills to manipulate data, evaluate, estimate and model business problems, functions and phenomena
Transferable (key) skills
This module develops:
  • Self-management and a readiness to accept responsibility and flexibility, to be resilient, self-starting and appropriately assertive, to plan, organise and manage time

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