Professional Documents
Culture Documents
COURSE BASICS
Credit Hours
Lecture(s)
Recitation/Lab (per week)
Tutorial (per week)
3
Nbr of Lec(s) Per Week
Nbr of Lec(s) Per Week
Nbr of Lec(s) Per Week
Duration
Duration
Duration
75 minutes
COURSE DISTRIBUTION
Core
Elective
Open for Student Category
Close for Student Category
Yes
COURSE DESCRIPTION
Problem solving is an essential skill that managers use in their daily task of decision-making on behalf of their departments,
divisions and organizations. The contemporary manager must be aware of the computer-based tools and techniques that can
make his/her work more efficient and effective. Computers support problem solving in two essential ways: (1) handling heavy
data-driven decisions; and (2) solving problems where the number of component issues is too many for the human mind to handle
mathematically.
Built around the spreadsheet software, Microsoft Excel, this course is an introduction to problem-solving using computers.
However the course is not merely about the skills involved in spreadsheet modeling, but also the craft of modeling, which
includes abstracting the essential features of a situation into a model and translating model results into managerial insights.
COURSE PREREQUISITE(S)
None
COURSE OBJECTIVES
1.
2.
3.
4.
5.
To introduce students to the concept of modeling as the process of building, refining and analyzing the representation of
data for greater insights and improved decision-making
To equip students with technical skills of working with the spreadsheet software, Excel.
To develop the students analytical and craft skills to model managerial problems using computer software.
To develop skills that enable effective data representation
To introduce students to databases and explain how data can be extracted from these into decision models
LEARNING OUTCOMES
After completing this course student will be able to
o Understand basic concept of modeling and how this approach can help in using computers to solve problems
Page 1 of 5
Indicate below how the course learning objectives specifically relate to any program learning goals and objectives.
Objective 4
Midterm, Final
Objectives 1, 3
Midterm, Final
EXAMINATION DETAIL
Midterm
Exam
Final Exam
Yes/No: Yes
Combine Separate: Combine
Duration: 3 hours
nd
Preferred Date: Saturday, February 22
Exam Specifications: Pre Mid Syllabus, Calculator and Formula Help sheet Allowed. Close Book and Notes
Yes/No: Yes
Combine Separate:
Duration: 3 hours
Exam Specifications: Post Mid Syllabus, Calculator and Formula Help sheet Allowed. Close Book and Notes
TEXTBOOK(S)/SUPPLEMENTARY READINGS
Frye, Curtis D. (2010) Step-by-Step: Microsoft Excel 2010, Microsoft Press.
Powell, S. G. and Baker, K. R. (2009) Management Science: the Art of Modeling with Spreadsheets, 3/e, Wiley.
Fairhurst, D.S. (2012) Using Excel for business analysis a guide to financial modeling fundamentals. Wiley.
Harvey, G. (2010) Excel 2010 for dummies. Hoboken, NJ, Wiley Pub.
Page 3 of 5
SESSION
NO.
1
3, 4
TOPICS
Course Introduction, File
Management, Assignment submission
@ LUMS, Basic framework of model
building
Problem Solving by Computer
Modeling
Introduction to Spreadsheets: Cells,
Ranges, Worksheets & Workbooks,
Formatting and Entering Data,
Performing Calculations of Data
5,6,7
10
11
TEXT TO READ
Auditorium
Lab
Lab
Lab
Powell & Baker Chapter 2
Powell & Baker Chapter
2, Case: Ice Berg for
Kuwait
Powell and Baker Chapter
5, Case: Ice Berg for
Kuwait
Lab
Lab
Lab
12
Lab
13
Lab
Page 4 of 5
15
16
17,18,
19,20
Lab
Lab
22
Lab
23
Lab
24, 25
Lab
26,27
To be announced
Lab
28
Review
21
Lab
Lab
Lab
*NOTE
The instructor reserves the right to make changes to the grading system and the syllabus as appropriate during the semester.
Page 5 of 5