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.

2022W, VU, 2.0h, 3.0EC
TUWEL

Course evaluation

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
Tue12:00 - 14:0004.10.2022 - 24.01.2023FH Hörsaal 1 - MWB BW Opt - Präsenz
Optimization in Business and Economics - Single appointments
DayDateTimeLocationDescription
Tue04.10.202212:00 - 14:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue11.10.202212:00 - 14:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue18.10.202212:00 - 14:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue25.10.202212:00 - 14:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue08.11.202212:00 - 14:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue22.11.202212:00 - 14:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue29.11.202212:00 - 14:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue06.12.202212:00 - 14:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue13.12.202212:00 - 14:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue20.12.202212:00 - 14:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue10.01.202312:00 - 14:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue17.01.202312:00 - 14:00FH Hörsaal 1 - MWB BW Opt - Präsenz
Tue24.01.202312:00 - 14:00FH 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
Mon09:00 - 11:0027.02.2023GM 1 Audi. Max.- ARCH-INF written31.01.2023 09:00 - 26.02.2023 17:00TISSreplacement
Fri08:00 - 10:0005.05.2023FH Hörsaal 1 - MWB written21.04.2023 09:00 - 02.05.2023 09:00TISSmidterm
Tue16:00 - 18:0020.06.2023FH Hörsaal 1 - MWB written02.06.2023 09:00 - 13.06.2023 09:00TISSfinal

Course registration

Begin End Deregistration end
04.10.2022 09:00 20.10.2022 09:00 20.10.2022 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