Master Program in Logistics and Financial Management

(LFM 533)

Course Code Course Name Semester Theory Practice Lab Credit ECTS
LFM 533 1 3 0 0 3 6
Prerequisites
Admission Requirements
Language of Instruction English
Course Type Elective
Course Level Masters Degree
Course Instructor(s) Tuncay GÜRBÜZ tuncaygurbuz09@gmail.com (Email)
Assistant
Objective The purpose of this course is to provide the students an introduction to the concept of Multi-Criteria Decision Making (MCDM) and its general areas of application and its applications in logistics by showing the basics and methods.
Content Week 1. MCDM – A General Overview,
Basic Definitions,
Normalization
Classification of MCDM Methods
Week 2. Quantitative/Qualitative Data,
Attribute Generation and Weighting
Week 3. Quantification of Qualitative Data
Non Compensatory MCDM Methods - I
Week 4. Non Compensatory MCDM Methods - II,
Scoring Methods SAW, WPM
Week 5 Some well known MCDM methods – AHP, TOPSIS
Week 6. Some well known MCDM methods – ELECTRE, OCRA
Week 7. Some well known MCDM Methods – GRA, MOORA, DEA
Week 8. MIDTERM
Week 9. Some well known MCDM Methods – DEMATEL, ANP
Week 10. Group Decision Making,
Social Choice Functions
Week 11. General Overview of Fuzzy Set Theory
Week 12. General overview of Fuzzy MCDM
Week 13. Project Presentations
Week 14. Project Presentations
Course Learning Outcomes At the end of the course, the student will be able to,
• Develop a comprehension of MCDM concept.
• See main MCDM methods.
• Apply the MCDM concept for various decision processes.
• Learns how these methods can be applied to logistics.
• Experience the usage of these methods in logistics.
Teaching and Learning Methods
References K. Paul YOON, Ching-Lai HWANG, Multiple Attribute Decision Making – An Introduction, Sage Publications, California, USA, 1995.

Ching-Lai HWANG, Ming-Jeng Lin, Group Decision Making under Multiple Criteria, Springer Verlag, New York, USA, 1987.

Enrique BALLESTERO, Carlos ROMERO, Multiple Criteria Decision Making and its Applications to Economic Problems, Kluwer Academic Publishers, Boston,USA, 1998.

Thomas L. SAATY, Müjgan S. ÖZDEMİR, A Dictionary of Decisions with Dependence and Feedback Based on the Analytic Network Process, RWS Publications, Pittsburgh, USA, 2005.
Print the course contents
Theory Topics
Week Weekly Contents
Practice Topics
Week Weekly Contents
Contribution to Overall Grade
  Number Contribution
Contribution of in-term studies to overall grade 0 0
Contribution of final exam to overall grade 0 0
Toplam 0 0
In-Term Studies
  Number Contribution
Assignments 0 0
Presentation 0 0
Midterm Examinations (including preparation) 0 0
Project 0 0
Laboratory 0 0
Other Applications 0 0
Quiz 0 0
Term Paper/ Project 0 0
Portfolio Study 0 0
Reports 0 0
Learning Diary 0 0
Thesis/ Project 0 0
Seminar 0 0
Other 0 0
Toplam 0 0
No Program Learning Outcomes Contribution
1 2 3 4 5
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Activities Number Period Total Workload
Class Hours 0 0 0
Working Hours out of Class 0 0 0
Assignments 0 0 0
Presentation 0 0 0
Midterm Examinations (including preparation) 0 0 0
Project 0 0 0
Laboratory 0 0 0
Other Applications 0 0 0
Final Examinations (including preparation) 0 0 0
Quiz 0 0 0
Term Paper/ Project 0 0 0
Portfolio Study 0 0 0
Reports 0 0 0
Learning Diary 0 0 0
Thesis/ Project 0 0 0
Seminar 0 0 0
Other 0 0 0
Total Workload 0
Total Workload / 25 0,00
Credits ECTS 0
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