At the end of the class, students should be able to tackle a quantitative management problem:
- to model it ,
- to identify adequate operations research tools (models and methods) to be used in order to obtain an adequate solution (trade-off between solution time and solution quality) ,
- to implement the solution approach identified, and
- to validate the approach and results obtained.
The objective is also to integrate some knowledge acquired in
- the bachelor program (disciplinary courses)
- the master program in management (functional courses in management)
- the project management course
through a project based learning approach.
Main themes
The scope is the realization of a project, devoted to the development of a prototype decision support system, based on a quantitative modelling approach applied on a real case study.
The volume of the activity (10 credits) allows the students to treat several managerial dimensions of the business case studied.
Content and teaching methods
1. Several introductory lectures (beginning of the semester) :
- project scope and definition,
- study of related operations research models and methods,
- project group organization: tasks, objectives, duedates,
2. Project realization
3. Project reporting and final group presentations
Methods
In-class activities
1 Lectures
1 Interactive seminar
1 Problem based learning
1 Project based learning
At home activities
1 Readings to prepare the lecture
1 Paper work
1 Students presentation
Other information (prerequisite, evaluation (assessment methods), course materials recommended readings, ...)
Prerequisites (ideally in terms of competiencies)
linear programming, operations research, mathematical modeling
Evaluation :
project reports and group presentation + individual exam
Support :
notes distributed at the beginning of the term
References :
Internationalisation
1 international case study
Corporate features
1 case study
1 company visit
Skills
1 presentation skills
1 writing skills
1 team work
1 problem solving
1 decision making
1 time management
1 project management
1 critical thinking
Techniques and tools for teaching and learning
1 IT tools
1 modelling
1 simulation
1 quantitative methods
1 mathematics