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.

2020S, VU, 2.0h, 3.0EC
TUWEL

Properties

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

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
Tue12:00 - 14:0003.03.2020 - 10.03.2020HS 17 Friedrich Hartmann - ARCH Unterrichtseinheiten
Fri09:00 - 13:0006.03.2020 - 13.03.2020EI 9 Hlawka HS - ETIT Unterrichtseinheiten
Tue12:00 - 13:3016.06.2020 Zoom login data will be sent out to participants per e-mail (LIVE)online class
Tue12:00 - 13:3030.06.2020 Zoom login data will be sent out to participants per e-mail (LIVE)online-LVA
Optimization in Business and Economics - Single appointments
DayDateTimeLocationDescription
Tue03.03.202012:00 - 14:00HS 17 Friedrich Hartmann - ARCH Unterrichtseinheiten
Fri06.03.202009:00 - 13:00EI 9 Hlawka HS - ETIT Unterrichtseinheiten
Tue10.03.202012:00 - 14:00HS 17 Friedrich Hartmann - ARCH Unterrichtseinheiten
Fri13.03.202009:00 - 13:00EI 9 Hlawka HS - ETIT Unterrichtseinheiten
Tue16.06.202012:00 - 13:30 Zoom login data will be sent out to participants per e-mailonline class
Tue30.06.202012:00 - 13:30 Zoom login data will be sent out to participants per e-mailonline-LVA

Examination modalities

midterm exam: 30%

final exam: 30%

unannounced short tests: 20%

2 home exercises: 10% each

retake exam (subtitutes either midterm of final): 30%

Exams

DayTimeDateRoomMode of examinationApplication timeApplication modeExam
Wed16:00 - 18:0013.10.2021 Zoom Link will be providedwritten22.09.2021 09:00 - 06.10.2021 09:00TISSErsatztest2021
Fri16:00 - 18:0017.12.2021GM 1 Audi. Max.- ARCH-INF written24.11.2021 19:00 - 09.12.2021 19:00TISSmidterm
Fri16:00 - 18:0017.12.2021written24.11.2021 19:00 - 09.12.2021 19:00TISSmidterm
Mon09:00 - 11:0031.01.2022GM 1 Audi. Max.- ARCH-INF written24.12.2021 09:15 - 30.01.2022 09:15TISSfinal
Mon09:00 - 11:0031.01.2022written24.12.2021 09:15 - 30.01.2022 09:15TISSfinal
Mon09:00 - 11:0028.02.2022GM 1 Audi. Max.- ARCH-INF written01.02.2022 09:00 - 27.02.2022 17:00TISSreplacement

Course registration

Begin End Deregistration end
18.02.2020 10:00 28.02.2020 10:00 06.03.2020 09:00

Curricula

Study CodeSemesterPrecon.Info
033 282 Mechanical Engineering - Management 5. SemesterSTEOP
Course requires the completion of the introductory and orientation phase
033 526 Business Informatics 4. SemesterSTEOP
Course requires the completion of the introductory and orientation phase

Literature

No lecture notes are available.

Miscellaneous

Language

German