Planning and Management Techniques

Year
2
Academic year
2022-2023
Code
01000467
Subject Area
Economics, Management and Science Social
Language of Instruction
Portuguese
Other Languages of Instruction
English
Mode of Delivery
Face-to-face
Duration
SEMESTRIAL
ECTS Credits
6.0
Type
Compulsory
Level
1st Cycle Studies

Recommended Prerequisites

Linear algebra, Probabilities and statistics, Calculus.

Teaching Methods

Theoretical and methodological concepts are presented in tutorial lectures, being motivated by real-world problems and illustrated with application examples.

Software (commercial and public domain) packages are used to obtain solutions to the mathematical models, thus freeing the students for the more creative tasks of problem formulation, model building and critical analysis of results.

Learning Outcomes

Providing the students with methodological and application competences in the area of operations planning and management in the context of engineering problems, in order to enable them to identify types of problems, develop mathematical models that include the essential characteristics of those problems, and apply algorithms to generate solutions for the problems, and to perform a critical analysis of the solutions obtained.

Work Placement(s)

No

Syllabus

1. Introduction to linear programming (LP). Development of LP mathematical models. Solving LP problems.

2. Project planning and management with PERT/CPM.

3. Inventory theory models.

4. Forecasting.

5. Decision analysis.

6. Markov chains.

7. Queueing theory.

Head Lecturer(s)

Rita Cristina Girão Coelho da Silva

Assessment Methods

Assessment
Exam: 100.0%

Bibliography

- Hillier, F. S., G. J. Lieberman. "Introduction to Operations Research", McGraw-Hill, 2010 (9th ed.).

- Tavares, L. V., R. C. Oliveira, I. H. Themido, F. N. Correia. “Investigação Operacional”, McGraw-Hill Portugal, 1996.

- Bronson, R., G. Naadimuthu. "Investigação Operacional", Colecção Schaum (2ª. Ed.), McGraw-Hill Portugal, 2001.