|Assessment Type||Unit of Assessment||Weighting %|
|Examination||2 Hour Exam (Closed Book)||80|
An individual 2 hour examination assessment (80%) that is aligned with objectives of the module and assignment problems will have to be submitted (20%).
A weighted aggregate mark of 40% is required to pass the module.
Methods and tools are used to tackle challenges occurring in the business and industrial environment. The obtained results are used for qualified decision making.
This module aims to:
- Solve Management challenges analytically.
On successful completion of this module, students will be able to:
- To increase the efficiency and productivity of “sample” business firms (P, K, C)
- To observe and define “challenges” in a concise, precise and logical manner (P, T, C)
- To be familiar with a selected number of classical and state-of-the art Management Science methods and tools to solve management problems (K, C)
- To create solution models, to develop and create procedures that offer competitive advantage to an “example” business/organisation (P, T, K, C)
- To communicate and provide results to the management for decision making and implementation (T, C)
Key: C-Cognitive/Analytical; K-Subject Knowledge; T-Transferable Skills; P- Professional/ Practical skills
The module content will focus on a selected set of critical areas in Management. As an indication of the kind of issues that will be covered, please find below an indicative set of topics.
- Waiting Line Models (e.g. Multiple Server Waiting Line)
- Transportation and Network Models (e.g. Shortest Route)
- Inventory Management (e.g. Economic Order Quantity model)
Methods of Teaching/Learning
The learning and teaching strategy is designed to: cultivate an understanding of the main issues and challenges; provide a coherent conceptual framework; develop a critical awareness of the various approaches of operational research in business firms.
The learning and teaching methods include:
- 2 hour lecture per week x 11 weeks including student exercise sessions.
- 1 hour computer laboratory per week x 11 weeks
- Web-based/SurreyLearn learning support and electronic resources will be provided.
The assessment strategy is designed to provide students with the opportunity to demonstrate that they:
- appreciate the theories, conceptual frameworks and methodologies that underpin Operational Research;
- demonstrate the ability to synthesise Management Science concepts within an analytical context;
- demonstrate evidence of background reading and research of the academic and practitioner literature relevant to Management Science.
Thus, the summative assessment for this module consists of: a closed book exam that assesses learning objectives. The closed book exam is a 2 hour examination during the exam period. This exam requires the use of Excel and results will be captured online. Students have to submit weekly assignments.
Formative assessment and feedback
Students will be given the opportunity to receive formative assessment and feedback to exercises relevant to the closed book exam during the exercises or via SurreyLearn discussion forums.
08 February 2017 by LIONS S Miss (Student Serv)