Week |
Subject |
Related Preparation |
1) |
• Describe the course.
• Compare the difference between quantitative and qualitative analysis.
• Define the problem.
• Analyze how to develop a model.
•
• Explain what quantitative analysis is.
• Explain what qualitative analysis is.
• Explain the quantitative analysis approach.
• List the three categories of business analytics.
|
|
2) |
• Explain the advantages of mathematical modeling.
• Explain the mathematical models categorized by risk.
• Define the problem.
• Develop a model.
• Acquire input data.
• Develop a solution.
• Test the solution.
• Analyze the results.
• Identify the research problem.
• Analyze how to develop a quantitative analysis model.
• List the important issues in determining research question.
• List the possible problems in the quantitative analysis approach.
• Explain the quantitative analysis approach in the business life their relation to ethics.
|
|
3) |
• Identify the decision theory.
• Identify the optimistic decision making under uncertainty.
• Identify the pessimistic decision making under uncertainty.
• Identify the criterion of realism (Hurwicz Criterion) decision making under uncertainty.
• Identify the equally likely (Laplace) decision making under uncertainty.
• Identify the minimax regret decision making under uncertainty.
• List the types of decision making under risk.
• List the six steps in decision making.
• Explain the types of decision making environments.
• Identify the decision making under uncertainty.
• List the types of decision making under uncertainty.
• Identify the decision making under risk.
|
|
4) |
• Identify and explain the sensitivity analysis.
• Demonstrate how probability values are estimated by Bayesian analysis.
• Calculate the revised probabilities.
• Discuss the potential problems in using survey results.
• Illustrate how to measure utility and construct a utility curve.
• Identify the decision trees.
• Identify the utility theory.
• Explain the utility as a decision making criterion.
|
|
5) |
• Illustrate how to use graphical representation of constraints.
• Analyze the isoprofit line solution method.
• Analyze the corner point solution method.
• Explain what slack and surplus is.
• Analyze linear programming models.
• List and explain the requirements of a linear programming.
• Formulate linear program problems.
• Illustrate how to use graphical solution to a linear program problem.
|
|
6) |
• Analyze ‘no feasible solution’ case in linear program.
• Analyze ‘unboundedness’ case in linear program.
• Analyze ‘redundancy’ case in linear program.
• Analyze ‘alternate optimal solution’ case in linear program.
• Solve minimization problems.
• Analyze four special cases in linear program.
• Identify and explain the sensitivity analysis.
|
|
7) |
• Identify and explain the marketing applications.
• Identify and explain the manufacturing applications.
• Identify and explain the employee scheduling applications.
• Identify and explain the financial applications.
• Identify and explain the ingredient blending applications.
• Identify and explain the transportation applications.
• Classify the linear programming applications.
• Formulate linear program problems.
|
|
8) |
• Evaluate students via midterm exam
• Explain the advantages of mathematical modeling.
• Explain the mathematical models categorized by risk.
• Identify the criterion of realism (Hurwicz Criterion) decision making under uncertainty.
• Identify the equally likely (Laplace) decision making under uncertainty.
• Demonstrate how probability values are estimated by Bayesian analysis.
• Illustrate how to use graphical representation of constraints.
• Analyze the corner point solution method.
• Identify and explain the marketing applications.
• Midterm exam
• List the important issues in determining research question.
• List the possible problems in the quantitative analysis approach.
• List the types of decision making under uncertainty.
• Identify the decision trees.
• Formulate linear program problems.
• Illustrate how to use graphical solution to a linear program problem.
• Formulate linear program problems.
|
|
9) |
• Analyze the transportation algorithm.
• Analyze the unbalanced transportation problems.
• Analyze the degeneracy in transportation problems.
• Analyze the more than one optimal solution.
• Analyze the maximization transportation problems.
• Analyze the unacceptable or prohibited routes.
• Analyze the unbalanced assignment problems.
• Analyze the maximization assignment problems.
• Analyze the transportation problem.
• Analyze the assignment problem.
• Analyze the transshipment problem.
• List and analyze the special situations with the transportation algorithm.
• Identify the facility location analysis.
• List and analyze the special situations with the assignment algorithm.
|
|
10) |
• Identify and explain the maximal-flow technique.
• Identify and explain the shortest- route technique.
• Formulate and solve the linear program for maximal flow problem.
• Formulate and solve the linear program for shortest-route problem.
• Analyze network models.
• Analyze the maximal-flow problem.
• Analyze the shortest-route problem.
• Analyze the minimal-spanning tree problem.
|
|
11) |
• Solve the model with binary variables.
• Identify and explain the nonlinear objective function and linear constraints.
• Identify and explain the nonlinear objective function and nonlinear constraints.
• Identify and explain the linear objective function with nonlinear contraints.
• Analyze integer programming.
• Analyze goal programming.
• Analyze nonlinear programming.
• Discuss the difference between goal programming and linear programming.
|
|
12) |
• Explain what CPM is.
• Explain what PERT is.
• Illustrate how to draw the CPM/PERT network.
• Illustrate how to find the critical path.
• Calculate the probability of project completion.
• Identify and explain project management
• Identify and explain the sensitivity analysis.
• Compare the difference between CPM and PERT.
|
|
13) |
• Analyze the planning and scheduling project costs.
• Identify and explain the monitoring and controlling project costs.
• List and explain the four steps of project crashing.
• Explain what subprojects is.
• Explain what milestones is.
• Analyze the PERT/Cost.
• Analyze the project crashing.
• Analyze the project crashing with linear programming
|
|
14) |
• Identify and explain language of games.
• Identify and explain the minimax criterion.
• Identify and explain pure strategy games.
• Identify and explain mixed strategy games.
• Identify and explain dominance strategy games.
• Analyze game theory.
• List five types of games in game theory.
• Solve game theory problems with linear programming.
|
|
15) |
• Evaluate students via final exam
• Analyze the transportation algorithm.
• Identify and explain the shortest- route technique.
• Solve the model with binary variables.
• Illustrate how to draw the CPM/PERT network.
• Illustrate how to find the critical path.
• Identify and explain dominance strategy games.
• Final Exam
• Analyze the transportation problem.
• Analyze the shortest-route problem.
• Analyze integer programming.
• Identify and explain project management
• Analyze game theory.•
|
|
|
Program Outcomes |
Level of Contribution |
1) |
explain the essential body of knowledge in the area of international trade, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models. |
|
2) |
employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions. |
|
3) |
integrate the theories of international trade with the real life functions in changing global business world and interpret the major recent developments in the world trading system and also be able to evaluate interaction between economic development and foreign trade. |
|
4) |
have the vision of international business and trade system, and also have knowledge of the logistics management associated with foreign trade and also explain foreign trade financing products and services that are issue of foreign trade, insurance and risks |
|
5) |
discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures. |
|
6) |
define the features and property of products and services that are the subjects of foreign trade, quality and standards in national and international level. |
|
7) |
communicate in written and oral English with people from diverse backgrounds, and have the English proficiency to follow and interpret the global dynamics in the areas of international trade |
|
8) |
recognize the major instruments of trade policy such as tariffs, non-tariff barriers, state aids, international agreements, international organizations and institutions, e-trade, and their effects on foreign trade policy. |
|
9) |
identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society
|
|