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.

2021W, VU, 2.0h, 3.0EC
TUWEL

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
Tue13:00 - 15:0005.10.2021 - 25.01.2022FH Hörsaal 1 - MWB BW Opt - Präsenz
Optimization in Business and Economics - Single appointments
DayDateTimeLocationDescription
Tue05.10.202113:00 - 15:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue12.10.202113:00 - 15:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue19.10.202113:00 - 15:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue09.11.202113:00 - 15:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue16.11.202113:00 - 15:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue23.11.202113:00 - 15:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue30.11.202113:00 - 15:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue07.12.202113:00 - 15:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue14.12.202113:00 - 15:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue11.01.202213:00 - 15:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue18.01.202213:00 - 15:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue25.01.202213:00 - 15:00FH Hörsaal 1 - MWB BW Opt - Präsenz

Examination modalities

A 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
Fri16:00 - 18:0017.12.2021GM 1 Audi. Max.- ARCH-INF written24.11.2021 19:00 - 09.12.2021 19:00TISSmidterm
Fri16:00 - 18:0017.12.2021FH Hörsaal 1 - MWB written24.11.2021 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
05.10.2021 09:00 14.10.2021 09:00 14.10.2021 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.

Language

German