Courses Exchange Display 2024-2025
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| Course title | Quantitative Methods III (IBE/INF) | |||||||||||||||||||||||||||||||||||||||
| Course code | EBS2027 | |||||||||||||||||||||||||||||||||||||||
| ECTS credits | 4,0 | |||||||||||||||||||||||||||||||||||||||
| Assessment | Whole/Half Grades | |||||||||||||||||||||||||||||||||||||||
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| Level | Introductory/Intermediate | |||||||||||||||||||||||||||||||||||||||
| Coordinator |
Stan van Hoesel For more information: s.vanhoesel@maastrichtuniversity.nl |
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| Language of instruction | English | |||||||||||||||||||||||||||||||||||||||
| Goals |
Modelling and solving practical optimization problems with Excel.
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| Description |
Modern management can rely increasingly on the support of information and communication technology. Think of the Internet, but also the powerful computers that are an integral part of any organisation. This implies that alternative decisions to be taken by management can be evaluated and compared with the help of computer programs. In its most general form, the mathematical apparatus by which decision problems in business can be solved is called Mathematical Programming. Our attention will be focused on an important branch of Mathematical Programming called Linear Programming. We will not only show what the Linear Programming approach does, but also illustrate its potential by applying it to a variety of practical business problems.
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| Literature |
Reader
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| Prerequisites |
Familiarity with EXCEL.
This is an obligatory skill for IBE and Infonomics students |
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| Teaching methods (indicative; course manual is definitive) | Lecture / Groupwork | |||||||||||||||||||||||||||||||||||||||
| Assessment methods (indicative; course manual is definitive) | Written Exam | |||||||||||||||||||||||||||||||||||||||
| Evaluation in previous academic year | For the complete evaluation of this course please click "here" | |||||||||||||||||||||||||||||||||||||||
| This course belongs to the following programmes / specialisations |
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