T.E.I. of WESTERN GREECE

BUSINESS ADMINISTRATION, PATRAS

Module Business Administration courses - 5th Semester

No MODULE «BUSINESS ADMINISTRATION» COURSES - 5th SEMESTER COURSE CATEGORY THEORY (h/week) LAB (h/week) WORKLOAD ECDS
501_1 Operations Management SC 3 2 150,0 6,0
502_1 Managerial Decision Making SC 3 2 150,0 6,0
503_1 Forecasting and Control Techniques SC 3 2 150,0 6,0
  TOTAL / WEEK   9 6 450,0 30,0

 

Operations Management

Introduction to Operations Management, businesses and organizations, products and services distinction, The Strategic Role of Operations Management in the global competitive environment, Demand Forecast, Installation Site Selection, Selection Process and Strategic Planning, Designing Productive Capacity, Deterministic and Probabilistic inventory management, Systems JIT, Competition based on time.

 

Managerial Decision Making

Types of Business Decisions, Decisions Environment (Conditions of Certainty, Uncertainty, Risk), Rational Approach to Decision Making, Methods of Creative Thinking (Brainstorming Method Delphi, etc. Ratios.), Welfare Functions - Utility, Bayes Approach, Qualitative Methods (Decision Trees , Decision Tables, Event Sequence Diagrams, Analytical Hierarchy process), Computer Applications.

 

Forecasting and Control Techniques

Introduction to Predictive Methods, Classical Time Series Models, Trends under Linear Approximation Method of Least Squares, Seasonal Variation, Exponential Smoothing Methods: Box - Jenkins, GAF (Generalized Filtering), Econometric Models, Computer Applications.