Courses NonDegree Display 2023-2024

Course Description To PDF
Course title Quantitative Methods III (IBE/INF)
Course code EBS2027
ECTS credits 4,0
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
3 15-1-2024 26-1-2024 L X X
Level Introductory/Intermediate
Coordinator Stan van Hoesel
For more information: s.vanhoesel@maastrichtuniversity.nl
Language of instruction English
Goals
Modelling and solving practical optimization problems with Excel.
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.
Literature
Reader
Prerequisites
Familiarity with EXCEL.
This is an obligatory skill for IBE and Infonomics students
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
Bachelor Economics and Business Economics - Economics and Management of Information Year 2 Compulsory Skill(s)
Bachelor Economics and Business Economics - International Business Economics Year 2 Compulsory Skill(s)
SBE Exchange Bachelor Bachelor Exchange Skills
SBE Exchange Master Bachelor Exchange Skills
SBE Non Degree Courses Bachelor Skills