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OPIM101 1 2014 Online

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OPIM101 1 2014 Online
OPIM101 – Management Science
Pascale Crama

Today’s Class
Instructor
Learning experience
Introduction to Quantitative Modeling
EOQ model






2

Management Science – OPIM 101
Week 1

Introduction

Instructors
Main Instructor: Pascale Crama
Contact:








Email: pcrama@smu.edu.sg
Phone: extension 0330
Office: LKCSB 4031

Office hours: on appointment
OM experience






Project management, advertisement scheduling, contracting Teaching Assistants:




3

Chuan Dewei: dewei.chuan.2013@business.smu.edu.sg
Management Science – OPIM 101
Week 1

Introduction

Course Structure
Materials







Slides posted on eLearn ahead of class – take extra notes in class!
Solution to exercises in class will be posted on eLearn after class
Use book for additional material and exercises

Course methods







4

Lectures,
Class discussion
NEW!!
In-class exercises and tutorials
– pen and paper & MS
!
Excel
Competitions / games
Management Science – OPIM 101
Week 1

Introduction

Competitions / Games
Each class will start with a competition or question reviewing previous week’s material





Random group assignment

Correct answers/winners earn OMDollars in weeks
2–6






These dollars will be converted into real dollars in week
7
Students can allocate their earned dollars to either charity: 


5

Red Cross
MILK – Mainly I Love Kids

Management Science – OPIM 101
Week 1

Introduction

Grading


Grading







Class participation





Class participation: 10%
Assignments: 20%
Midterm examination: 35%
Final examination: 35%
On time: 1
Active participation: 2

Assignments:



6

2 individual assignments, 2 group assignments (5% per assignment) Assignments will be posted on eLearn
One week to submit a hard copy in pigeon hole on 4th floor
Management Science – OPIM 101
Week 1

Introduction

Exams
Midterm exam







In class in week 7
3 hours
Closed book

Final exam







7

Exam week
3 hours
Closed book

Management Science – OPIM

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