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Course Unit Title Course Unit Code Type of Course Unit Level of Course Unit Year of Study Semester ECTS Credits
Decision Analysis In Engineering MHY112 Elective Master's degree 1 Spring 6

Name of Lecturer(s)

Prof. Dr. Zerrin ALADAĞ
Assistant Prof. Dr. Atakan ALKAN

Learning Outcomes of the Course Unit

1) Distinguishing types of decision problems and using the methods for solving these problems under uncertainty.
2) Distinguishing types of decision problems and using the methods for solving these problems under risk.
3) Using decision trees for modelling decision process.
4) Realizing decision analysis with additional information.
5) Using principles of game theory and the methods for solving these problems.
6) Using markov analysis.

Program Competencies-Learning Outcomes Relation

Bölümün/programın program yeterlilikleri sistemde olmadığından ilişkilendirme işlemi yapılamamıştır.

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

None.

Course Contents

Introduction to decision problems, Decision making under uncertainty, Decision making under risk, Decision Trees, Decision analysis with additional information, Game Theory (game theory, pure strategy, mixed strategy, LP model for competitive decision-making), Markov analysis and applications.

Weekly Schedule

1) Introduction to decision problems
2) Decision making under uncertainty
3) Decision making under uncertainty
4) Decision making under risk
5) Decision making under risk
6) Decision Trees
7) Decision Trees
8) Midterm examination/Assessment
9) Decision analysis with additional information
10) Decision analysis with additional information
11) Game theory
12) Game theory
13) Game theory
14) Markov Analysis
15) Markov Analysis
16) Final examination

Recommended or Required Reading

1- Karar Teorisi, Aladağ, Z., Kocaeli Üniversitesi Yayınları, Kocaeli, 2004.
2- Operations Research-Applications and Algorithms, Winston, W., Wadsworth Inc., USA, 1994.
3- Statistical Decision Theory and Bayesian Analysis, Berger J.O, Springer Verlag, 1997.
4- OR at Work Practical Experiences of Operational Research, Fortuin, L., Beek, P.v. Wassenhove, L.V., Taylor & Francis Ltd., 1996.

Planned Learning Activities and Teaching Methods



Assessment Methods and Criteria

Contribution of Midterm Examination to Course Grade

40%

Contribution of Final Examination to Course Grade

60%

Total

100%

Language of Instruction

Turkish

Work Placement(s)

Not Required