Operational Research is a quantitative course aiming at introducing students to the concept of business research and more specifically into problems related to the management and coordination of business in an organization. The course begins with the analysis of a real problem as an example and the corresponding data collection of this problem. It continues with the construction of a mathematical model (modeling) that describes the essence of the real problem and ends with solving, drawing conclusions and controlling solutions.
By the end of this course the student will be able to:
1) Knowledge
2) Skills
3) Capabilities
By the end of this course the student will, have developed the following skills:
Lectures (3 hours per week) and Tutorials (2 hours per week)
Supplementary learning based on the material of the open course entitled "Operational Research (Applications with R Software)": https://eclass.upatras.gr/courses/ECON1318/
Activity |
Semester workload |
Lectures (3 hours per week x 13 weeks) |
(3x13) 39 hours |
Tutorials (2 hour per week x 13 weeks) - solving of representative problems using the open source software of R |
(2x13) 26 hours |
Hours for private study |
85 hours |
Total number of hours for the Course (25 hours of work-load per ECTS credit) |
150 hours (total student work-load) |
a) Written examination at the end of the semester (70%)
b) Individual assignment (30%) involving modeling, solving and developing policy proposals for problems through the use of the R program.