Managing Science

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Managing Science

SRC- SG -PDMS Assessment Pack Template

POSTGRADUATE DIPLOMA IN MANAGEMENT STUDIES

PDMS MSS Management Mr. Justin Poon

Systems

and teachingtime Face to Face & Online: time:

(10 hrs percredit): (Lectures/workshops/seminars/

150 Hours guestspeake rs)

Main aim(s) of the module:

0 To critically evaluate the role of management science modelling of organisational problems and their use as a tool

for improved decision-making and solution.

0 To develop an understanding of the techniques of management science modelling and the contribution (and

limitations) they make to solve real-world problems.

0 To develop and presenta recommendation orinitiative that builds a business case by performing an analysis using

qualitative, quantitative, and/or mixed methods and aided by software tools.

0 To develop an understanding of how information systems can be acquired and managed to share knowledge,

support decision making and to improve business performance.

Main topics ofstudy:

0 Modelling in management science – modelling of managerial decisions.

0 Interpretive modeIling-soft management science

Soft systems methodology (SSM) and creating an information strategy

Decision analysis

0 Mathematical and logical modelling

Optimization modelIing-linear programming

Computer simulation -visual interactive modelling and Monte Carlo simulation

Heuristic search

0 Inventory modelling

0 Queuing Theory modelling

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