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Lecturer(s)
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Trnka David, Prof. Dr. Ing.
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Zajíček Daniel, Ing. Mgr. Ph.D.
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Rostás Chris, Ing.
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Course content
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Introduction to modelling and mathematical models in management. Stochastic models. Markov chains. Decision making processes in Markov systems. Simulation as a method of business process analysis. Simulation models. Simulation SW. Queuing systems, waiting line models. Optimization of waiting line models using simulation methods. Inventory theory. Inventory control optimization models and their optimization.
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Learning activities and teaching methods
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- Preparation for comprehensive test (10-40)
- 24 hours per semester
- Preparation for an examination (30-60)
- 40 hours per semester
- Contact hours
- 52 hours per semester
- Graduate study programme term essay (40-50)
- 40 hours per semester
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| prerequisite |
|---|
| Knowledge |
|---|
| to know the concepts of the business economics and management |
| to understand knowledge of mathematics and statistics at the bachelor level of the economic study programmes |
| to have knowledge of basic concepts and tools of management science |
| Skills |
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| describe random variable using distribution and calculate its characteristics |
| select suitable distribution of random variable and use it for solution of practical problems |
| Competences |
|---|
| N/A |
| learning outcomes |
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| Knowledge |
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| to identify and to define specific managerial problems to be modelled as probabilistic model |
| to identify relevant information, links and relationships needed to solve a given problem |
| to evaluate and interpret the obtained solutions that are initially specified in terms of practice-oriented problem |
| Skills |
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| to build a model of a given problem and choose the appropriate method for its solution |
| to solve the given probabilistic model using simulation techniques |
| Competences |
|---|
| N/A |
| teaching methods |
|---|
| Knowledge |
|---|
| Lecture |
| Practicum |
| Self-study of literature |
| Skills |
|---|
| Task-based study method |
| Individual study |
| Competences |
|---|
| N/A |
| assessment methods |
|---|
| Knowledge |
|---|
| Test |
| Combined exam |
| Skills |
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| Skills demonstration during practicum |
| Seminar work |
| Competences |
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| Seminar work |
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Recommended literature
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Dlouhý, Martin. Simulace podnikových procesů. 2., rozš. vyd. Brno : Computer Press, 2011. ISBN 978-80-251-3449-8.
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Lukáš, L. Pravděpodobnostní modely v managementu - Markovovy řetězce a systémy hromadné obsluhy. Academia Praha, 2009. ISBN 978-80-200-1704-8.
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Lukáš, L. Pravděpodobnostní modely v managementu - Teorie zásob a statistický popis poptávky. Praha, 2012. ISBN 978-80-200-2005-5.
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Neapolitan, Richard E. Probabilistic methods for financial and marketing informatics. 1st pub. San Francisco : Morgan Kaufmann, 2008. ISBN 978-0-08-055567-6.
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Plevný, Miroslav; Žižka, Miroslav. Modelování a optimalizace v manažerském rozhodování. Vyd. 2. Plzeň : Západočeská univerzita, 2010. ISBN 978-80-7043-933-3.
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Schwarz, Maike. Stochastic models in inventory theory. Aachen : Shaker Verlag, 2004. ISBN 3-8322-2876-4.
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