MGMT170-18S2 (C) Semester Two 2018

Managerial Decision Making

15 points, 0.1250 EFTS
16 Jul 2018 - 18 Nov 2018

Description

This course introduces basic managerial decision-making tools and their application to business. The topics include project management, forecasting, inventory management, cost-benefit analysis and decision-making. The course develops problem solving skills, an invaluable tool for modern business.

Relationship to other courses
There is no prerequisite for this course.

This course introduces students to the discipline of Operations Management, as a preparation for higher-level (i.e. 200 or 300 level) courses in Operations and Supply Chain Management (OSCM). It forms part of the requirements for the Bachelor of Commerce degree major in Operations and Supply Chain Management, Management, and Strategy and Entrepreneurship. MGMT170 is important for students majoring in management or marketing, and a useful companion to mathematics, statistics, computer science, engineering, forestry, and economics.

Workload
Students should expect to spend on average 12.5 hours per week on lectures, tutorials, computer activities, assessment and study.

Learning Outcomes

B.Com Learning Goals

1. Graduates can demonstrate advanced knowledge of their selected subject major, informed by the broader context of commerce.
* The quiz, test and exam are opportunities to demonstrate advanced knowledge in using managerial decision making tools. Advanced knowledge will also be assessed in the midterm test and final exam.

2. Graduates are able to use analytical thinking and problem-solving skills to address specific problems.
* The test and exam all require application of theories to analytical thinking and problem-solving skills.

3. Graduates can understand issues from a range of ethical, global and multicultural perspectives.
* Not covered specifically in this course.

Graduates are able to communicate effectively both orally and in written form.
* Not covered specifically in this course.

Learning Outcomes
The central aims of this course (for students) are to:

  • understand the core concepts of Operations Management;
  • use mathematical tools and techniques to aid decision-making and planning;
  • enhance the level of critical thinking; and

    To achieve these, the course objectives (for students) are to:
  • understand the disciplines of Operations and Supply Chain Management and their role in business and other decision-making;
  • gain an overview of the process of developing and using a quantitative techniques in decision making and planning;
  • interpret the outcome of quantitative techniques to gain insights  which could be applied to different context of interest;
  • identify underlying assumptions and approximations in simple models;
  • use different decision making tools such as inventory control models, project management tools (e.g. critical path method), forecasting techniques, queuing models, decision tree, and multiple criteria on decision.

    Topics included in this course are –introducing managerial decision making tools and techniques, project management, queuing theory, break-even analysis, decision analysis, multi-criteria decision making, forecasting and inventory management.
    • University Graduate Attributes

      This course will provide students with an opportunity to develop the Graduate Attributes specified below:

      Critically competent in a core academic discipline of their award

      Students know and can critically evaluate and, where applicable, apply this knowledge to topics/issues within their majoring subject.

      Employable, innovative and enterprising

      Students will develop key skills and attributes sought by employers that can be used in a range of applications.

      Globally aware

      Students will comprehend the influence of global conditions on their discipline and will be competent in engaging with global and multi-cultural contexts.

Restrictions

MSCI101

Timetable 2018

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Tuesday 09:00 - 10:00 K1 Lecture Theatre 16 Jul - 26 Aug
10 Sep - 21 Oct
Lecture B
Activity Day Time Location Weeks
01 Wednesday 12:00 - 13:00 E8 Lecture Theatre 16 Jul - 26 Aug
10 Sep - 21 Oct
Tutorial A
Activity Day Time Location Weeks
01 Thursday 11:00 - 12:00 Ernest Rutherford 141 16 Jul - 26 Aug
10 Sep - 21 Oct
02 Thursday 12:00 - 13:00 Ernest Rutherford 141 16 Jul - 26 Aug
10 Sep - 21 Oct
03 Thursday 14:00 - 15:00 Ernest Rutherford 141 16 Jul - 26 Aug
10 Sep - 21 Oct
04 Thursday 15:00 - 16:00 Ernest Rutherford 141 16 Jul - 26 Aug
10 Sep - 21 Oct
05 Thursday 10:00 - 11:00 Ernest Rutherford 141 16 Jul - 26 Aug
10 Sep - 21 Oct
06 Thursday 16:00 - 17:00 Ernest Rutherford 140 16 Jul - 26 Aug
10 Sep - 21 Oct
Tutorial B
Activity Day Time Location Weeks
01 Friday 10:00 - 11:00 Ernest Rutherford 141 16 Jul - 26 Aug
10 Sep - 21 Oct
02 Friday 14:00 - 15:00 Ernest Rutherford 141 16 Jul - 26 Aug
10 Sep - 21 Oct
03 Friday 12:00 - 13:00 Ernest Rutherford 140 16 Jul - 26 Aug
10 Sep - 21 Oct
04 Friday 11:00 - 12:00 Jack Erskine 031 Lecture Theatre 16 Jul - 26 Aug
10 Sep - 21 Oct
05 Friday 13:00 - 14:00 E16 Lecture Theatre 16 Jul - 26 Aug
10 Sep - 21 Oct
06 Friday 15:00 - 16:00 Ernest Rutherford 141 16 Jul - 26 Aug
10 Sep - 21 Oct

Examination and Formal Tests

Test A
Activity Day Time Location Weeks
01 Friday 18:30 - 20:30 C1 Lecture Theatre (24/8)
C2 Lecture Theatre (24/8)
20 Aug - 26 Aug

Course Coordinator / Lecturer

Mesbahuddin Chowdhury

Tutors

David Jones and Rizwan Ahmad

Assessment

Assessment Due Date Percentage  Description
Online Assessment (5 quizzes) 10% Online Assessment (5 quizzes)
Mid Semester Test 24 Aug 2018 45% Mid Semester Test
Final Examination 45% Final Examination


For the test and final exam, students are required to use Calculator for solving quantitative problems. The mid-semester test covers all the lecture topics from week 1 to week 5 including tutorial classes during these weeks. The final examination covers remaining lectures and tutorial classes from week 7 to week 12.

Grading
The online assessments (i.e. quizzes) are not mastery-based. A student passing an online assessment gains marks towards their final grade. The online quizzes will be run or submitted through Learn. More information on each online assessment will be provided closer to the assessment date.

For the online assessments there will be no extensions or special considerations. For the other assessment, special considerations may be applied for as outlined in the Calendar.

Textbooks

Recommended Reading

Collier, David A.,1947- , Evans, James R; OM6 :Operations and supply chain management; Student edition; Centage Learning, 2017.

There is no single textbook for this course which will cover all the Lectures and tutorial classes. But there is one recommended text book which will be used most along with other text books.

Any other Reading materials outside of this text book will be provided through Learn.

Notes

Class Representative
A class representative may be asked to volunteer in the first few weeks of class. Any problems with the course can be raised with the class rep. Their email can be found at UCSA. The class representative will take up any issues raised by class members with the lecturer concerned as they occur.

Departmental Academic Policies
The Department assumes that you have read this document.

You should also read the General Course and Examination Regulations

Dishonest Practice
The University of Canterbury considers cheating and plagiarism to be serious acts of dishonesty.  All assessed work must be your own individual work unless specifically stated otherwise in the assessment guidelines. Material quoted from any other source must be clearly acknowledged. You must not copy the work of another person (student or published work) in any assessment including examinations, tests and assignments. Any person, who is found to have copied someone else's work, or to have allowed their work to be copied, will receive a fail grade for that piece of assessment and may face disciplinary action which may lead to a fine, community service or exclusion from the university.

IMPORTANT: Where there are concerns regarding the authorship of written course work, a student can be required to provide a formal, oral explanation of the content of their work.

Indicative Fees

Domestic fee $790.00

International fee $3,350.00

* Fees include New Zealand GST and do not include any programme level discount or additional course related expenses.

For further information see Management, Marketing and Entrepreneurship.

All MGMT170 Occurrences

  • MGMT170-18S2 (C) Semester Two 2018