REPUBLIC OF THE PHILIPPINES

POLYTECHNIC
UNIVERSITY OF THE
PHILIPPINES
SAN PEDRO, LAGUNA CAMPUS

Management
Science
Meliza Angelica S. Estinopo, CPA, MBA
 COURSE Overview

MODULE
Course Objectives

Modes of Learning

OUTLINE Course Materials

Course Activities

KEY POINTS Assessments

Management Science
 Business is a complex cycle. Though we

all know that its main objective is

OVERVIEW profitability, it is not as simple as it is. It

takes planning, organizing, measuring,

reporting, and other things to maintain its

INTRODUCTION TO stability and in order to grow. Problems

MANAGEMENT are inevitable and an entrepreneur must

SCIENCE be able to solve them accordingly.

Management Science
 Management science is the application

of a scientific approach to solving

management problems in order to help

managers make better decisions. As

implied by this definition, management

OVERVIEW
science encompasses a number of

mathematically oriented techniques that

have either been developed within the

WHAT IS field of management science or been

MANAGEMENT adapted from other disciplines, such as

SCIENCE? the natural sciences, mathematics,

statistics, and engineering. This text

provides an introduction to the

techniques that make up management

Management Science science and demonstrates their

applications to management problems.

 The objective of management science is

to solve the decision-making problems

that confront and confound managers in

both the public and the private sector by

OVERVIEW developing mathematical models of those

problems. These models have traditionally

been solved with various mathematical

THE OBJECTIVE OF techniques, all of which lend themselves

MANAGEMENT to specific types of problems. Thus,

SCIENCE management science as a field of study

has always been inherently mathematical

in nature, and as a result sometimes

complex and rigorous.

Management Science
 The approaches to problem solving

embodied in management science is

OVERVIEW valuable for all types of jobs in all types

of organizations. Management science

consists of more than just a collection of

THE VALUE OF mathematical modeling techniques; it

MANAGEMENT embodies a philosophy of approaching a

SCIENCE problem in a logical manner, as does any

science.

Management Science
 COURSE OBJECTIVES
At the end of this course, the student will be able to:

Learn how Be directed by

Learn what Be rational and
Management the subject’s Become a
Management logical in terms
Science is concepts, as good decision
Science is, its of decision
applied in the where it may maker in
fundamentals making in the
decision be applicable his/her career
and present or in
making for him/her; in business.
importance; his/her future;
process; and
 REFLECTION
ONLINE MODULE
PAPERS

Modes of
Learning ONLINE QUIZ CASE STUDIES

The following modes of

learning will/may be applied:

WRITTEN PROBLEM
ASSIGNMENTS SOLVING AND
APPLICATION
GOING DEEPER

COURSE MATERIALS,
ACTIVITIES, AND
ASSESSMENTS
MANAGEMENT SCIENCE
 MANAGEMENT SCIENCE
PROPOSED TIMELINE

CHAPTERS MIDTERM CHAPTERS FINAL

1 TO 8 EXAMS 9 TO 16 EXAMS
Discussions, Seatworks, Coverage: Chapters 1 to 8 Discussions, Seatworks, Coverage: All Chapters

Assignments, Reflections Assignments, Reflections

 COURSE MATERIALS:
Define Management Science.

Discuss the Management Science Approach to

Problem Solving.

Discuss Break-Even Analysis.

Discuss Computer Solutions in Break-even Model.

Discuss Management Science Modeling Techniques, its

CHAPTER 1 Business Usage, and its Use in Decision Support

Systems.

MANAGEMENT READ:
Introduction to Management Science by Bernard W. Taylor III,

SCIENCE Eleventh Edition, Chapter 1: Management Science

ACTIVITIES/ASSESSMENTS:
Submit a reflection paper about what we have discussed in

Chapter 1.

Management Science Reflection paper format: Summary of the Lesson, Conclusion

(what you have learned), and Reflection.

 COURSE MATERIALS:
Explain the objective of a business.

Discuss Linear Programming and its characteristics.

Discuss the advantages of Linear Programming Technique.

CHAPTER 2
Discuss the steps in Graphical Solution.

Discuss the implication of Graphical Solution in decision

making.

LINEAR
READ:
PROGRAMMING: Introduction to Management Science by Bernard W. Taylor III,

MODEL
Eleventh Edition, Chapter 2: Linear Programming: Model

Formulation and Graphical Solution

FORMULATION AND ACTIVITIES/ASSESSMENTS:

GRAPHICAL Online Seatwork and Assignment.

SOLUTION
Management Science
 COURSE MATERIALS:

Discuss the simplex method.

Discuss the different types of Computer Solutions.

CHAPTER 3 Discuss Sensitivity Analysis.

LINEAR
READ:
PROGRAMMING: Introduction to Management Science by Bernard W. Taylor III,

COMPUTER
Eleventh Edition, Chapter 3: Linear Programming: Computer

Solution and Sensitivity Analysis

SOLUTION AND ACTIVITIES/ASSESSMENTS:

SENSITIVITY Online Seatwork and Assignment.

ANALYSIS
Management Science
 COURSE MATERIALS:

Discuss what Product Mix is.

Discuss the different industries that use Product Mix.

CHAPTER 4 Discuss its application in the business setting.

LINEAR
READ:
PROGRAMMING: Introduction to Management Science by Bernard W. Taylor III,

MODELING
Eleventh Edition, Chapter 4: Linear Programming: Modeling

Examples

EXAMPLES ACTIVITIES/ASSESSMENTS:
Online Seatwork and Assignment.

Management Science
 COURSE MATERIALS:

Discuss Integer Programming Models and Graphical

Solution.

CHAPTER 5 Discuss the implication

programming models.
of rounding off in linear integer

INTEGER
READ:
PROGRAMMING Introduction to Management Science by Bernard W. Taylor III,

Eleventh Edition, Chapter 5: Integer Programming

ACTIVITIES/ASSESSMENTS:
Submit a reflection paper about what we have discussed in

Chapters 2 to 5 (combined).

Management Science Reflection paper format: Summary of the Lesson, Conclusion

(what you have learned), and Reflection.

 COURSE MATERIALS:

Discuss the Transportation Model.

Discuss the Computer Solution of a Transportation Problem.

CHAPTER 6 Discuss the Transshipment Model.

Discuss the Assignment Model.

TRANSPORTATION,
READ:
TRANSSHIPMENT, Introduction to Management Science by Bernard W. Taylor III,

AND ASSIGNMENT
Eleventh Edition, Chapter 6: Transportation, Transshipment,

and Assignment Problems

PROBLEMS ACTIVITIES/ASSESSMENTS:
Submit a reflection paper about what we have discussed in

Chapter 6.

Management Science Reflection paper format: Summary of the Lesson, Conclusion

(what you have learned), and Reflection.

 COURSE MATERIALS:

Discuss Network Components.

Discuss The Shortest Route Problem.

CHAPTER 7 Discuss the Minimal Spanning Tree Problem.

Discuss the Maximal Flow Problem.

NETWORK FLOW
READ:
MODELS Introduction to Management Science by Bernard W. Taylor III,

Eleventh Edition, Chapter 7: Network Flow Models

ACTIVITIES/ASSESSMENTS:
Online Seatwork and Assignment.

Management Science
 COURSE MATERIALS:
Discuss the Elements of Project Management.

What is CPM/PERT? What are its uses?

Discuss Probabilistic Activity Times.

CHAPTER 8 Discuss Project Crashing and Time-Cost Trade-Off.

Discuss the steps in formulating the CPM/PERT Network as

a Linear Programming Model.

PROJECT
READ:
MANAGEMENT Introduction to Management Science by Bernard W. Taylor III,

Eleventh Edition, Chapter 8: Project Management

ACTIVITIES/ASSESSMENTS:
Submit a reflection paper about what we have discussed in

Chapters 7 and 8 (combined).

Management Science Reflection paper format: Summary of the Lesson, Conclusion

(what you have learned), and Reflection.

 MIDTERM EXAMS

Coverage: Chapters 1 to 8
 COURSE MATERIALS:
Discuss Goal Programming.

Discuss the Analytical Hierarchy Process.

CHAPTER 9 What are Scoring Models? Discuss.

MULTI-CRITERIA
READ:
DECISION MAKING Introduction to Management Science by Bernard W. Taylor III,

Eleventh Edition, Chapter 9: Multi-criteria Decision Making

ACTIVITIES/ASSESSMENTS:
Online Seatwork and Assignment.

Management Science
 COURSE MATERIALS:
Discuss Nonlinear Programming Analysis.

What is Constrained Optimization? Discuss.

CHAPTER 10

NONLINEAR
READ:
PROGRAMMING Introduction to Management Science by Bernard W. Taylor III,

Eleventh Edition, Chapter 10: Nonlinear Programming

ACTIVITIES/ASSESSMENTS:
Submit a reflection paper about what we have discussed in

Chapters 9 and 10 (combined).

Management Science Reflection paper format: Summary of the Lesson, Conclusion

(what you have learned), and Reflection.

 COURSE MATERIALS:
Discuss the Fundamentals of Probability.

What are the types of Probability?

CHAPTER 11 Discuss Statistical Independence and Dependence.

Discuss the Normal Distribution.

PROBABILITY AND
READ:
STATISTICS Introduction to Management Science by Bernard W. Taylor III,

Eleventh Edition, Chapter 11: Probability and Statistics

ACTIVITIES/ASSESSMENTS:
Online Seatwork and Assignment.

Management Science
 COURSE MATERIALS:
What are the Components of Decision Making?

Discuss Decision Making with Probabilities.

CHAPTER 12

DECISION ANALYSIS
READ:
Introduction to Management Science by Bernard W. Taylor III,

Eleventh Edition, Chapter 12: Decision Analysis

ACTIVITIES/ASSESSMENTS:
Online Seatwork and Assignment.

Submit a reflection paper about what we have discussed in

Management Science Chapter 12. Reflection paper format: Summary of the Lesson,

Conclusion (what you have learned), and Reflection.

 COURSE MATERIALS:
Explain the Elements of Waiting Line Analysis, and its systems.

CHAPTER 13

QUEUING ANALYSIS
READ:
Introduction to Management Science by Bernard W. Taylor III,

Eleventh Edition, Chapter 13: Queuing Analysis

ACTIVITIES/ASSESSMENTS:
Submit a reflection paper about what we have discussed in

Chapter 13.

Management Science Reflection paper format: Summary of the Lesson, Conclusion

(what you have learned), and Reflection.

 COURSE MATERIALS:
Discuss the Monte Carlo Process.

Explain the Simulation of Various Processes.

CHAPTER 14

SIMULATION
READ:
Introduction to Management Science by Bernard W. Taylor III,

Eleventh Edition, Chapter 14: Simulation

ACTIVITIES/ASSESSMENTS:
Submit a reflection paper about what we have discussed in

Chapter 14.

Management Science Reflection paper format: Summary of the Lesson, Conclusion

(what you have learned), and Reflection.

 COURSE MATERIALS:
Discuss the Components of Forecasting.

Discuss Time Series Methods, Forecast Accuracy, and

CHAPTER 15 Regression Methods.

Discuss the Importance of Forecasting in business.

FORECASTING
READ:
Introduction to Management Science by Bernard W. Taylor III,

Eleventh Edition, Chapter 15: Forecasting

ACTIVITIES/ASSESSMENTS:
Submit a reflection paper about what we have discussed in

Chapter 15.

Management Science Reflection paper format: Summary of the Lesson, Conclusion

(what you have learned), and Reflection.

 COURSE MATERIALS:
Discuss the Elements of Inventory Management.

Discuss Inventory Control Systems, Economic Order Quantity,

CHAPTER 16 Quantity Discounts and Reorder Points.

INVENTORY
READ:
MANAGEMENT Introduction to Management Science by Bernard W. Taylor III,

Eleventh Edition, Chapter 16: Inventory Management

ACTIVITIES/ASSESSMENTS:
Submit a reflection paper about what we have discussed in

Chapter 16.

Management Science Reflection paper format: Summary of the Lesson, Conclusion

(what you have learned), and Reflection.

 FINAL EXAMS

Coverage: All Chapters

 GRADING SYSTEM
Class Standing 70%

Quizzes 70%

Assignments, Recitation 10%

Seatwork 10%

Attendance, Right Conduct 10%

Departmental Examination 30%

TOTAL 100%

Final Grade = (1st Grading Period + 2nd Grading Period)

Management Science