Executive and Group Decision Making Course by Prof. Dr. Ilker Topcu

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Explore the Executive and Group Decision Making course taught by Prof. Dr. Ilker Topcu. Gain practical techniques, decision support tools, and skills to enhance your decision-making abilities. Learn about decision analysis, multiple criteria decision making, group decision-making processes, and more. Enroll now to sharpen your problem-solving skills and integrate judgments effectively.

  • Decision Making
  • Executive
  • Group Decision
  • Prof. Dr. Ilker Topcu
  • Course
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  1. IYB560E EXECUTIVE AND GROUP DECISION MAKING Prof. Dr. Y. lker TOPCU www.ilkertopcu.net www.linkedin.com/in/ilker-topcu/ twitter.com/yitopcu facebook.com/yitopcu instagram.com/yitopcu Prof. Dr. zg r KABAK web.itu.edu.tr/kabak/

  2. 2

  3. Course information Credits: ECTS Credits: 7 Type: Language: 3+0 Compulsory English Web site: web.itu.edu.tr/topcuil/ya/IYB560E 3

  4. Course description Decision analysis Decision tables / payoff matrices Decision trees Multiple Criteria Decision Making Constructing the decision model Analyzing the problem Elementary methods SAW, WP, TOPSIS Analytic Hierarchy Process Analytic Network Process Group decision making Voting methods Multi-attribute group decision making 4

  5. Course objectives 1. to provide students practical techniques and decision support tools those help them to solve decision problems 2. to enable students to integrate judgments with other types of information in a logical and defensible manner 3. to improve students decision making skills, their ability to analyze problems systematically, and their confidence in their own decision making 5

  6. Course learning outcomes Students who pass the course gain knowledge, skill and competency in the following subjects: 1. identifying common errors and traps that prevent them from making effective decisions, 2. learning how decision making process takes place, 3. using a range of decision making techniques to improve the effectiveness of their decision making 4. finding (choosing, ranking, or classifying) the comprimise alternative for making a decision 6

  7. References Lecture notes and supplements at the website of the course Books Thakkar J.J. 2021. Multi-Criteria Decision Making. Springer, Singapore. Bozorg-Haddad O., Zolghadr-Asli B., Lo iciga H.A. 2021. A handbook on multi-attribute decision-making methods. Wiley, New Jersey. Topcu Y.I., zaydin ., Kabak ., nsel Ekici . 2021. Multiple Criteria Decision Making - Beyond the Information Age. Springer, Cham. Taylor B.W. 2019. Introduction to Management Science. 13th edition, Pearson Education Inc., New Jersey. Render B., Stair Jr R.M., and Hanna M.E. 2018. Quantitative Analysis for Management. 13th edition, Pearson Education Inc., New Jersey. Goodwin P. and Wright G. 2014. Decision Analysis for Management Judgment. 5th edition, Wiley, New York. Saaty T.L. and Vargas L.G. 2013. Decision Making with the Analytic Network Process. 2nd edition, Springer, New York. The websites of other courses 7

  8. Assessment Criteria Final exam (30%) Term Project (%30) 2 Homework Assignments (40%) 8

  9. Assessments Homework 1 January 29 February 5 Homework 2 February 19 February 26 Term Project March 26 Final exam April 9 9

  10. Term Project Structuring, modeling, and analyzing a non-personal multiple criteria decision making problem. A report will be submitted and a presentation will be made. Report and presentation content 1 - Problem Definition 2 Identification of alternatives and criteria 3 Construction of the decision matrix / hierarchy 4 Determination of the criteria importance 5 Analysis of the problem 5.1 Using an elementary method 5.2 Using a value-based method 6 Sensitivity Analysis 7 Final evaluation and recommendation 10

  11. Cheating and Plagiarism Do not! Studying together to understand the material is fine, but the work you hand in is to be your own. No cheating will be tolerated: A letter grade of F will be given! 11

  12. Schedule DATE SUBJECT Jan. 15 Introduction to Decision Making Jan. 22 Decision Making under Uncertainty and under Risk Jan. 29 Utility, Decision Trees; HW1 Feb. 5 MCDM, Constructing the Decision Model Feb. 12 Analyzing the Problem (Elementary Methods) Feb. 19 Analyzing the Problem (SAW, WP, TOPSIS) ; HW2 Feb. 26 Analytic Hierarchy Process Mar. 5 Analytic Network Process, Super decisions Mar. 12 Group Decision Making Voting methods Mar. 19 Multiple Attribute Group Decision Making Mar. 26 PROJECT PRESENTATIONS 12

  13. Prof. Dr. zgr Kabak Phone (212) 293 1300 /2073 secretary Web site web.itu.edu.tr/kabak/ E-mail address kabak@itu.edu.tr 13

  14. Professor at Industrial Engineering department of ITU (2021- ) Post-doc studies at Belgium Nuclear Research Centre (SCK.CEN) (2009-2010) A fuzzy multi attribute decision making approach for nuclear safeguards information management Ph.D. in ITU Industrial Engineering programme (2008) Modeling supply chain network using possibilistic linear programming and an application Research interests Operations Research (Mathematical programming) Modeling Complex systems Fuzzy decision making 14

  15. Prof. Dr. Y. lker Topcu Phone: (532) 355 5045 mobile www.ilkertopcu.net www.linkedin.com/in/ilker-topcu/ twitter.com/yitopcu, facebook.com/yitopcu, instagram.com/yitopcu E-mail address: ilker.topcu@itu.edu.tr 15

  16. Professor at Industrial Engineering department, ITU (2011- ) Visiting Professor at The Joseph M. Katz Graduate School of Business, University of Pittsburgh (2018-2019) Ph.D. in ITU Engineering Management program (2000) Visiting Researcher at Centre for Decision Research of Leeds University Business School (1998-1999) Research interests Decision Analysis, Multi Criteria Decision Making, Group Decision Making Operations Research / Management Science Logistics Management, Ethics in OR, Business Ethics, Transp n, Energy, Bidding and Tender Systems, Scheduling 16

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