Akademik Dersler - Tanıtım


Code - Course Title	ENM442 - Decision Analysis
Course Type	Area Elective Courses
Language of Instruction	İngilizce
Laboratory + Practice	3+0
ECTS	4.5
Course Instructor(s)	DOKTOR ÖĞRETİM ÜYESİ ŞURA TOPTANCI
Mode of Delivery	Face to face
Prerequisites	Probability, Statistics
Courses Recomended
Required or Recommended Resources	Refail Kasımbeyli, Lecture Notes on Decision Theory, Izmir University of Economics, 2011. Clemen, R.T. Making Hard Decisions. An Introduction to Decision Analysis. Duxbury Press, 2nd edition.Howard Raiffa, Decision Analysis, Addison-Wesley.Wayne L. Winston, Operations Research. Applications and Algorithms, Duxbury Press, Belmont, California, 1994.Frederick S. Hillier, Gerald J. Lieberman, Introduction to Operations Research, Ninth Edition, 2010 Mc Graw-Hill, ISBN 978 0-07-337629-5.
Recommended Reading List
Assessment methods and criteria	1 midterm, 3 homeworks, 1 final exam
Work Placement	-
Sustainability Development Goals

Weeks	Topics
Week - 1	EN:Introduction to decision theory, decision environment.
Week - 2	EN: Elements of the decision-making process.
Week - 3	EN: Classification of decision problems. Selection of decision rule.
Week - 4	EN: Decision making under uncertainty.
Week - 5	EN: Decision making under uncertainty.
Week - 6	EN: Decision making in a risk environment.
Week - 7	EN: Utility theory.
Week - 8	EN:Construction of utility functions for non-monetary attributes. Axioms of utility theory.
Week - 9	EN: Utility functions in the case of risk-seeking attitudes.
Week - 10	EN: Decision trees. Use of decision trees in cases of certainty, uncertainty, and risk.
Week - 11	EN: Decision trees. Use of decision trees in cases of certainty, uncertainty, and risk.
Week - 12	EN: Perfect and imperfect information. Expected value of information.
Week - 13	EN: Use of additional information. Bayes decision rule.
Week - 14	EN: Introduction to decision making in a multi-criteria environment and goal programming.

Assessment Method and Passing Requirements
	Quamtity	Percentage (%)
1.Midterm Exam	1	30
Homework	1	20
Final Exam	1	50
Toplam (%)		100