System Analysis and Decision Making

Lecturer:

Tutor:

Supervisor:

Department of Economics, Management and Humanities

Synopsis:

System approach and decision making, Decision models, Games theory, Decision making under uncertainty and risk, Decisions with multiple objectives, Stochastic programming, Expert systems.

Requirements:

see: https://ekonom.feld.cvut.cz/cs/student/predmety/systemove-inzenyrstvi-a-rozhodovani

Syllabus of lectures:

1.Overview, system approach

2.Decision making - definitions, classification, scales

3.Theory of games - methods of solution, typical applications

4.Decision making under risk and uncertainty - methods, applications

5.Decision making under uncertainty - methods, applications

6.Multiobjective optimization - introduction, criteria weights

7.Discrete multiobjective tasks - basic methods, applications

8.Discrete multiobjective tasks - advanced methods

9.Multiobjective vector tasks - basic methods, applications

10.Multiobjective vector tasks - advanced methods

11.Stochastic programming - active and passive methods

12.Expert methods - methods, organization

13.Expert methods - evaluation

14.Manager's role in decision

Syllabus of tutorials:

1.Linear programming - overview

2.Decision making - typical tasks

3.Matrix games, methods of solution

4.Decision under risk and uncertainty, typical tasks, solution

5.Multiobjective optimization - typical tasks

6.Discrete multiobjective tasks - methods of solution

7.Goals definition and criteria

8.Multiobjective vector tasks - methods of solution

9.Case - multiobjective decision (team work)

10.Stochastic programming - methods of solution

11.Test

12.Expert methods - criteria weights

13.Expert methods - case (team work)

14.Software support for decision making

Study Objective:

Study materials:

1.Ragsdale J.: Managerial Decision Modeling. Thomson 2006

2.Dennis, L.T., Dennis, B.L. Management Science. St. Paul: West Publishing company 1991

3.Slak N., Cooke S.: Making Management Decisions: Prentice Hall 1991

4.Lapin L. L.: Quantitative Methods for Business Decisions. The Diden Press 1994

Note:

Further information:

https://ekonom.feld.cvut.cz/cs/student/predmety/systemove-inzenyrstvi-a-rozhodovani

No time-table has been prepared for this course

The course is a part of the following study plans: