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SEN313 MULTI CRITERIA DECISION MAKING
Dr. Y. İlker TOPCU
www.ilkertopcu.net www.ilkertopcu.org www.ilkertopcu.info
www.facebook.com/yitopcu
twitter.com/yitopcu
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Credits: 3+0
ECTS Credits: 3
Type: Elective
Language: English
Web site: web.itu.edu.tr/topcuil/ya/SEN313
Course information
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Decision analysis Decision tables / payoff matrices Decision trees
Group decision making Voting Social choice functions
Multiple Criteria Decision Making Constructing the decision model Analyzing the problem
Elementary methods SAW, WP, TOPSIS Outranking methods
Analytic Hierarchy Process / Analytic Network Process
Course description
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1. Giving fundamental topics on decision making
2. Modeling of decision making problems, providing students some methods those aid to solve decision problems with conflicting objectives
3. Improving students’ decision making skills
Course objectives
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Students who pass the course gain knowledge, skill and competency in the following subjects:
1. getting knowledge about basic terms of decision making
2. classifying and model decision making problems3. solving the problem by an appropriate solving
method4. solving real world problems having conflicting
criteria
Course learning outcomes
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Web site of the course Up-to-date lecture notes and supplements Solutions to exams and homework
Books Taylor B.W. 2012. Introduction to Management Science, Pearson
Education Inc., New Jersey. Render B., Stair Jr R.M., and Hanna M.E. 2011. Quantitative Analysis
for Management. Pearson Education Inc., New Jersey. Goodwin P., Wright G. 2010. Decision Analysis for Management
Judgment, John Wiley & Sons, New York. Saaty T.L. 2001. Decision Making for Leaders. RWS Publ., Pittsburg. Saaty T.L. 2005. Theory and Applications of the Analytic Network
Process. RWS Publ., Pittsburg. Vincke, Ph., 1992. Multi Criteria Decision Aid. John Wiley & Sons,
Inc., West Sussex
Web sites of other courses
References
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Final exam (40%), Midterm exams (40%),
Assignment (20%)
Exams will be “multiple choice test”, “open book”, or "take home"
Assessment Criteria
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Exams
Midterm exam 1
March 4, Multiple choice test
Midterm exam 2
April 22, Take home
Final exam
At school, Open book
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Paper review
Literature survey on a specific managerial decision making problem solved by various multi-criteria decision techniques.
Groups will present journal papers related with decision making at the last week.
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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!
Cheating and Plagiarism
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Schedule
DATE SUBJ ECT
Feb. 4 I ntroduction to Decision Making
Feb. 11 No Class
Feb. 18 Decision Analysis (Decision Making under Uncertainty and under Risk)
Feb. 25 Decision Analysis (Utility, Decision Trees)
Mar.04 MI DTERM (multiple choice test)
Mar.11 Group Decision Making
Mar.18 Multiple Criteria Decision Making, Elementary Methods
Mar.25 Constructing the Decision Model in MCDM
Apr. 1 Analyzing the Problem in MCDM (SAW, WP, TOPSI S)
Apr. 8 Analytic Hierarchy Process, Real Life Cases
Apr. 15 Analytic Network Process, Sof twares
Apr. 22 MI DTERM (open-book)
Apr. 29 PRESENTATI ONS
May.06 PRESENTATI ONS
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Asst. Prof. Dr. Özgür Kabak
Office address
Management Faculty A311, Maçka, Istanbul
Phone
(212) 293 1300 /2039 office /2073 secretary
Web site
web.itu.edu.tr/kabak/
E-mail address
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Asst. Prof. at Industrial Engineering department of ITU (2011)
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)
Supply chain management
Fuzzy decision making
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Prof. Dr. Y. İlker Topcu
Office address
Management Faculty C301, Maçka, Istanbul
Phone
(212) 293 1300 /2069 office - (532) 355 5045 mobile
Web site
www.ilkertopcu.net, www.ilkertopcu.org, www.ilkertopcu.info,
www.facebook.com/yitopcu, twitter.com/yitopcu
E-mail address
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Professor at Industrial Engineering department of ITU (2011)
Associate Professorship in Operations Research (2005)
Ph.D. in ITU Engineering Management programme (2000)
Integrated decision aid model for multi-attribute problem solving
Ph.D. research 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
