330.227 Optimization in Business and Economics
This course is in all assigned curricula part of the STEOP.
This course is in at least 1 assigned curriculum part of the STEOP.

2024S, VU, 2.0h, 3.0EC

Properties

  • Semester hours: 2.0
  • Credits: 3.0
  • Type: VU Lecture and Exercise
  • Format: Presence

Learning outcomes

After successful completion of the course, students are able to analyze optimization problems which occur inside the firm. Students know how to structure optimization programs with / without constraints, how to solve them analytically or how to implement them with R programming language.

Subject of course

Static Optimization:

- Lagrange Theorie

- Kuhn Tucker Theorie

- Spezial cases: Lineare Optimization and the portfolio problem

Dynamiic Optimization:

- The Bellman-prinziple

- Dynamic programming, deterministic and und stochastic 

 

Teaching methods

Lectures, applied Problems, home exercises, interactive online material

Mode of examination

Written

Lecturers

Institute

Course dates

DayTimeDateLocationDescription
Tue14:00 - 16:0005.03.2024 - 25.06.2024HS 18 Czuber - MB LVA
Optimization in Business and Economics - Single appointments
DayDateTimeLocationDescription
Tue05.03.202414:00 - 16:00HS 18 Czuber - MB LVA
Tue12.03.202414:00 - 16:00HS 18 Czuber - MB LVA
Tue19.03.202414:00 - 16:00HS 18 Czuber - MB LVA
Tue09.04.202414:00 - 16:00HS 18 Czuber - MB LVA
Tue16.04.202414:00 - 16:00HS 18 Czuber - MB LVA
Tue23.04.202414:00 - 16:00HS 18 Czuber - MB LVA
Tue30.04.202414:00 - 16:00HS 18 Czuber - MB LVA
Tue07.05.202414:00 - 16:00HS 18 Czuber - MB LVA
Tue14.05.202414:00 - 16:00HS 18 Czuber - MB LVA
Tue28.05.202414:00 - 16:00HS 18 Czuber - MB LVA
Tue04.06.202414:00 - 16:00HS 18 Czuber - MB LVA
Tue11.06.202414:00 - 16:00HS 18 Czuber - MB LVA
Tue18.06.202414:00 - 16:00HS 18 Czuber - MB LVA
Tue25.06.202414:00 - 16:00HS 18 Czuber - MB LVA

Examination modalities

 maximum total score of 240 can be earned:

midterm exam: 72

final exam: 72

2 home exercises: 30 each

non-announced interim tests: 36 in total 

retake exam (subtitutes either midterm of final): 72
(participating in all three tests, the test with the lowest score is removed) 

Exams

DayTimeDateRoomMode of examinationApplication timeApplication modeExam
Mon09:00 - 11:0026.02.2024GM 1 Audi. Max.- ARCH-INF written30.01.2024 09:00 - 23.02.2024 10:00TISSreplacement
Fri08:00 - 10:0003.05.2024FH Hörsaal 1 - MWB written19.04.2024 09:00 - 01.05.2024 18:00TISSmidterm
Tue16:00 - 18:0018.06.2024FH Hörsaal 1 - MWB written31.05.2024 09:00 - 11.06.2024 09:00TISSfinal

Course registration

Begin End Deregistration end
20.02.2024 10:00 18.03.2024 10:00 18.03.2024 09:00

Curricula

Study CodeObligationSemesterPrecon.Info
033 282 Mechanical Engineering - Management Mandatory5. SemesterSTEOP
Course requires the completion of the introductory and orientation phase
033 526 Business Informatics Mandatory4. SemesterSTEOP
Course requires the completion of the introductory and orientation phase

Literature

No lecture notes are available.

Miscellaneous

Language

German