Mathematical Methods in Management
Course code
MLM6666.DT
old course code
MLM6666
Course title in Estonian
Planeerimise ja juhtimise matemaatilised meetodid
Course title in English
Mathematical Methods in Management
ECTS credits
6.0
Assessment form
assessment
lecturer of 2023/2024 Spring semester
Not opened for teaching. Click the study programme link below to see the nominal division schedule.
lecturer of 2024/2025 Autumn semester
Not opened for teaching. Click the study programme link below to see the nominal division schedule.
Course aims
Minor. Objectives are building mathematical models of economic situations, solutions for optimisation and management problems.
Brief description of the course
The role of mathematical methods in management. Main concepts of management. Parts of decision process, tests of results. Modelling and analysis of decision process. Queuing theory. Convex programming. Standard and canonical forms of linear programming problems. Optimal solutions. Dual linear programming. Duality theorems. Transportation problems, Elements of game theory. Linear programming and games.
Learning outcomes in the course
Upon completing the course the student:
- knows mathematical facts and is able to use methods in volume of a subject.
- knows mathematical facts and is able to use methods in volume of a subject.
Teacher
em prof Paul Tammela
Study programmes containing that course