Quantitative project (in English)

LLSMF2019  2016-2017  Louvain-la-Neuve

Quantitative project (in English)
10.0 credits
60.0 h
1q

Teacher(s)
Van Vyve Mathieu ; Chevalier Philippe ;
Language
Anglais
Online resources

http://icampus.uclouvain.be/claroline/course/index.php?cid=LSMF2019

Prerequisites
  • linear programming
  • operations research
  • mathematical modeling
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.

Aims

Having regard to the LO of the programme, this activity contributes to the development and aquisition of the following LO :

  • 3. A scientific and systematif approach
  • 3.1. Conduct a clear,  structured, analytical  reasoning
  • 3.2. Collect, select  and  analyze  relevant  information
  • 3.3.Consider problems using a systemic and  holistic approach
  • 3.4. Perceptively  synthesize demonstrating a certain conceptual distance
  • 3.5.Produce, through  analysis  and  diagnosis, implementable solutions
  • 4. Innovation and entrepreneurship
  • 4.1. Identify new opportunities, propose creative  and  useful  ideas
  • 4.2. Initiate,  develop  and  implement ideas  around a new product, service,  process
  • 4.3.collaborate and  actively drive forward collective actions for change
  • 6. Teamwork and leadership
  • 6.1. Work in a team
  • 6.2. Exercise  enlightened leadership skills
  • 7. Project management
  • 7.1.Analyse a project within its environment and define the expected outcomes
  • 7.2. Organize, manage and control the process
  • 7.3.Make decisions and  take responsibility  for them  in an uncertain world 

The objective is also to integrate some knowledge acquired in the bachelor program (disciplinary courses), the master program in management (functional courses in management) and the project management course through a project based learning approach.

At the end of the class, the student will be able to :

  • model a management problem using quantitative tools
  • dentify 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)
  • implement the solution approach identified, and to validate the approach and results obtained.

The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.

Evaluation methods
  • project reports
  • group presentation
  • individual exam
Teaching methods

In-class activities

  • Lectures
  • Interactive seminar
  • Problem based learning
  • Project based learning

At home activities

  • Readings to prepare the lecture
  • Paper work
  • Students presentation
Content
  • Several introductory lectures (beginning of the semester) :
  1. project scope and definition,
  2. study of related operations research models and methods,
  3. project group organization: tasks, objectives, due-dates
  • Project realization
  • Project reporting and final group presentations
Bibliography

Notes distributed at the beginning of the term

Faculty or entity<


Programmes / formations proposant cette unité d'enseignement (UE)

Program title
Sigle
Credits
Prerequisites
Aims
Master [120] in Business Engineering
10
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