Operational Research

Code:

1GE208

Acronym:

IO

Keywords
Classification	Keyword
OFICIAL	Management Studies

Instance: 2015/2016 - 2S

Active?	Yes
Responsible unit:	Management
Course/CS Responsible:	Bachelor in Business Administration

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
LGES	199	Bologna Syllabus since 2012	2	-	6	42	162

Teaching language

Suitable for English-speaking students

Objectives

The course 1G208 - Operational Research has the following goals: 1. Present the method Operational Research uses to solve problems. 2. Present the main techniques used by Operational Research to solve Management Science problems. 3. Use software to solve problems.

Learning outcomes and competences

Present the method Operational Research uses to solve problems.
Present the main techniques used by Operational Research to solve Management Science problems.
Use software to solve problems

Working method

Presencial

Program

1 Linear Programming (LP) 
1.1 Introduction 
1.2 The general LP model 
1.3 Building LP models 
1.4 Solving LP models (graphically and with excel) 
1.5 Interpreting the Model's Solution and Sensitivity Analisys 
1.6 Duality and economic interpretation 

2 Stochastic Processes 
2.1 Introduction 
2.2 Discrete Time Markov Chains 
2.3 Continuous Time Markov Chains 

3 Queues 
3.1 Introduction
3.2 Structure and Main Concepts 
3.3 Modelling Queues 
3.4 Models Based on Birth-Death Processes

Mandatory literature

Hillier, F. S., Lieberman, G. J.; Introduction to Operations Research, McGraw-Hill, 2009
Mourão, M. C., Pinto, L. S., Simões, O., Valente, J., Vaz Pato, M.; Investigação Operacional Exercícios e Aplicações, Verlag Dashöfer Portugal, 2011
Jensen, P. A., Bard, J. F; Operations Research Models and Methods, Wiley, 2003

Teaching methods and learning activities

Theoretical presentation, accompanied by examples and exercices.

Software

Microsoft Excel

Evaluation Type

Distributed evaluation without final exam

Assessment Components

Designation	Weight (%)
Teste	100,00
Total:	100,00

Calculation formula of final grade

In this course, there are two assessment types: 

1- Distributed assessment without final exam (época normal only) 
This assessment type consists in four tests, to be done during the lectures period. 
This assessment type is only available to students placed in the course's sessions i.e. registration is required not only for the course but also for the class.
When a test takes place during a session's schedule, the students can only attend that test in the schedule of their session. 
Students will become bound to this assessment type if they attend the last test. 
Any student who is given a score inferior to 6.0 in any of the tests will fail the distributed assessment. 

2- Final Exam (época normal, época de recurso and época especial) 

The students may consult the contents of one (in tests) or two (in exams) A4 sheets of paper that they prepared themselves, and may only use their own calculator.

Special assessment (TE, DA, ...)

In accordance with FEP's evaluation regulations.

Classification improvement

In accordance with FEP's evaluation regulations.

Observations

3 classes are lectured in portuguese; 1 class is lectured in english (any student can enrol).