INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA

COURSE OUTLINE
Kulliyyah / Institute

Kulliyyah of Economics and Management Sciences

Department / Centre

Department of Business Administration

Programme

Bachelor of Business Administration/ Accounting/Economics/ICT

Name of Course / Mode

Decision Science

Course Code

MGT 3050
Prof. Dr. Moussa Larbani (moussa@iium.edu.my)
Prof. Dr. Rafikul Islam (rislam@iium.edu.my)
Dr. Nur Anisah Abdullah (anisah@iium.edu.my)
Dr. Wan Rohaida Wan Husain (wrohaida@iium.edu.my)

Name (s) of Academic

staff / Instructor(s)

Rationale for the

To provide students with analytical skills for decision making in
inclusion of the course /
real-world situations.
module in the programme
Semester and Year
Offered

Every semester

Status

Core/Elective

Level

3 (Undergraduate)

Proposed Start Date

Ongoing, offered every semester

Batch of Student to be
Affected

Intake 2010/2011 onwards

ProjectCase and

Others

Total Student Learning

Time (SLT)

Lecture

Face to Face

42

28

55

Total Guided and Independent Learning

Credit Value (hours)

Pre-requisites (if any)

ECON 1140, ECON 1150

Co-requisites (if any)

None

Date Edited: 7/7/2014

125

The objectives of this course are:

Course Objectives

1. To provide a thorough knowledge of quantitative

methods; the rationale and underlying assumptions, and
their applications to support a wide range of business
related decision making process.
2. To introduce the use of appropriate quantitative
techniques to modeling specific types of business
problems.
3. To facilitate the learning and application of appropriate
quantitative methods and optimization techniques in
solving relevant decision problems.
4. To integrate Islamic values and perspective in making
decisions.
At the end of the course, students should be able:

Course Learning
Outcomes

1. To formulate and apply appropriate mathematical

models to process raw data into meaningful
information to facilitate decision making for business
problems.
2. To interpret mathematical models solutions to aid
decision making.
3. To integrate Islamic values and perspectives in
decision making.
4. To play an active role as a team member with the
ability to work and communicate effectively with
others.
1. Research skills are developed through problem formulation.
2. Problem solving and analytical skills are developed through
case analysis and project assignments.

Transferable Skills:

Skills
Research skills
Problem
solving and
analytical skills

Date Edited: 7/7/2014

How they are

developed
Lectures and problem
based learning
Lectures and case study

Assessment
method
Project
Examination and
Case study

LO
Method
1,5,6,7,9 Group Case Analysis
1,4,5,6,7,9 Group Project
1,6
Mid Semester Examination
Teaching-Learning /
1,6,9 strategy
Final Examination
assessment
Type of Assessment
1,5,9
Participation Case study

%
10
20
25
40 Description
5
Group problem
based learning

TOTAL 100
Solving real-world problems in group
MCQ, Fill-in blanks and Problem
Examinations
solving questions.
Student will assess his/her group
Peer Assessment
members on group works
Project

Course Synopsis
Decision Science (also called Management Science or Operations Research) is a
scientific approach to managerial decisions. This course aims at introducing quantitative
techniques to process raw data into meaningful information to facilitate decision making.
This course focuses mainly on quantitative technique that primarily uses mathematical
models. The course content is limited to fundamental decision making problems in the
area of Business Administration.
Mode of Delivery
Lectures, Discussions, Case Analysis, Problem-based Learning and Exams.
Assessment Methods and Type/Course Assessment
State weightage of each type of assessment.
Mapping of course / module to the Programme Learning Outcomes
Programme Outcomes
Learning Outcome of the course
01
02
03
04
05
06
07
1.

2.
3.
4.

Formulate and apply appropriate

mathematical models to process raw data
into meaningful information to facilitate
decision making for business problems
Interpret mathematical models solutions to
aid decision making.
Integrate Islamic values and perspective in
decision making.
Play an active role as a team member with
the ability to work and communicate
effectively with others.

09

Content outline of the course / module and the SLT per topic
Date Edited: 7/7/2014

08

Weeks
Topics
Learning Hours
Task/Reading
(author/page)

1
Overview of the course
Introduction

Problem Solving and Decision Making

Quantitative Analysis and Decision Making
Quantitative Analysis
5
Anderson et al. (2011)/ page 1
2

Decision Analysis

Introduction
Problem Formulation
Decision Making without Probabilities
Decision Making with Probabilities
Sensitivity Analysis
Expected value of Perfect Information
7
Anderson et al. (2011), page 595
3

Decision Analysis

Decision Analysis with Sample Information

Efficiency of Sample Information

Forecasting

Introduction
The Components of a Time Series
Smoothing Methods
7

Anderson et al. (2011)/ page 612

Anserson et al. (2011)/page 695
Date Edited: 7/7/2014

4
Forecasting

Trend projection
Trend and Seasonal Components
Regression Analysis
Correlation Coefficients
Qualitative Methods

Anderson et al. (2011)/ page 695

5
Project Scheduling: PERT/CPM

Introduction
Project Scheduling with Known Activity Time
Project Scheduling with Uncertain Activity Times
7
Anderson et al. (2011)/ page 410

Midterm Examination: 3rd April 2015, 10am 12pm

6
Linear Programming: Graphical Method
Introduction
Problem Formulation into Linear Programming
Graphical Solutions to Maximization Problem
Graphical Solutions to Minimization Problem
Special Cases

7
Anderson et al. (2011)/ page 30
7
Linear Programming: The Simplex Method
An Overview of the Simplex Method
Date Edited: 7/7/2014

Setting up the Initial Simplex Table

Improving the Solution
6
Anderson et al. (2011)/ On CD, page 17-2
8

Linear Programming: The Simplex Method

Solving a Minimization Problem

Special Cases
Alternative Optimal Solutions
Unbounded Solution
Infeasible Solution
Degeneracy

7
Anderson et al. (2011)/ On CD page 17-27
9
Linear Programming: The Simplex Method

Sensitivity Analysis
Range of Optimality
Range of Feasibility

Problem-based Learning
Discussion and shaping of business issues for group project
7
Anderson et al. (2011)/ On CD page 18-2
10
Transportation and Assignment Problems

Assignment Problem

Special Cases
Unbalanced Assignment Problem
Alternative Optimal Solutions
Maximization Assignment Problem
Unacceptable Assignment

Date Edited: 7/7/2014

Anderson et al. (2011)/ CD page 19-18

11
Transportation and Assignment Problems

Transportation Problem

Transportation Simplex Method

Phase I : Finding an Initial Feasible Solution
Phase II : Iterating to the Optimal Solution

6
Anderson et al. (2011)/ CD
Page 19-2
12
Transportation and Assignment Problems

Special Cases
Alternative Optimal Solution
Degeneracy
Unbalanced Problem
Unacceptable Routes
7
Anderson et al. (2011)/ CD page 19-2
13

Decision Making from Islamic Perspective

Inventory Models
Introduction
Economic Order Quantity (EOQ) Model

7
Islam (2005)
Page 300
Date Edited: 7/7/2014

Anderson et al. (2011)/ page 447

14
Inventory Models
Economic Production Lot Size Model
Quantity Discount Model
A Single-Period Inventory Model with Probabilistic Demand
An Order Quantity, Reorder Point Model with Probabilistic Demand
6
Anderson et al. (2011)/ page 447
Required references supporting the course
Anderson, D.R., Sweeney, D.J., Williams, T.A, & Martin, K. (2011). An Introduction to
Management Science: Quantitative Approaches to Decision Making. London:
Cengage Learning.
Recommended references supporting the course
Islam, R. (2005). Essentials of Management Science. Singapore: Thomson
Render, B., Stair, R. M., Jr., & Hanna, M.E. (2009). Quantitative Analysis for
Management (10th Ed.) Upper Saddle River, NJ: Prentice-Hall.
Ahmad, K., and Fontaine, R., (2011). Management from Islamic Perspective (2nd edition).
Singapore: Pearson Custom Publications.
Checked by:

Approved by:

_______________________
Assoc. Prof. Dr. Suhaimi
Mhd. Sarif
Head,
Department of Business
Administration.
Kulliyyah of Economics &
Management Sciences

_______________________
Prof. Dr. Maliah Sulaiman

Prepared by:

_______________________
Prof. Dr. Rafikul Islam
(Course Coordinator)

Kulliyyah of Economics &

Management Sciences

Date Edited: 7/7/2014

Dean,

Kulliyyah of Economics &

Management Sciences

CLO
2
CLO
3
CLO
4

Islamization

Skills Managerial &

Entrepreneurial

Information
Management &
Lifelong Learning

Demonstrate familiarity with established knowledge in the fields of business studies

PLO1 that are integrated with Islamic values and awareness of current development
therein;
PLO2 Use skills (practical and technical) acquired in business studies for professional and

Date Edited: 7/7/2014

Skills

Problem Solving &

Scientific Skills

Values, Attitudes &

Professionalism

Skills Communication,
Leadership & Team

To demonstrate an overall
understanding of management
principles, practices, concepts
and theories from contemporary
and Islamic perspectives.
To apply managerial concepts in
analysis of case studies and
projects.
To use team building skills related
to working as part of a
management team in group
assignments and projects.
Play an active role as a team
member with the ability to work
and communicate effectively with
others.

ResponsibilitiesSocial Skills &

CLO
1

Practical Skills

Course Learning
Outcomes for MGT 3050

Knowledge

Programme Learning
Outcomes for BBA

Knowledge; Islamization
Practical skills

personal development and capitalise business opportunities locally and globally.

Cooperate with others and apply knowledge of business studies in a socially
PLO3
responsible manner for the progress of the nation and the ummah;
Demonstrate commitment to Islamic values and business ethics and professionalism
PLO4 at the workplace and everyday life;
PLO5
PLO6
PLO7
PLO8
PLO9

Social skills and

Responsibilities
Values, Attitudes and
Professionalism;
Islamization
Communicate with people having diverse backgrounds professionally.
Communication,
Leadership and Team skills
Analyse business environment critically and demonstrate skills in crafting, executing Problem Solving and
and evaluating business strategies;
Scientific skills
Use ICT skills in information management and apply effective methods for
Information management
continuous professional development;
and Lifelong learning skills
Apply basic managerial and entrepreneurial skills in dealing with business.
Managerial and
Entrepreneurial skills
Demonstrate leadership qualities in dealing with people
Communication,
Leadership and Team skills

Bachelor or Business Administration (BBA) Programme Learning Outcomes (PLO)

At the end of the programme, students are able to:

BBA Program Education Outcomes (PEO)

1. Produce knowledgeable and professional business graduates that are inspired by Tawhidic paradigm.
2. Produce business graduates that are able to integrate and apply Islamic principles to business disciplines.
3. Produce business graduates that have a global and ummatic mindset.

Date Edited: 7/7/2014

10