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.

2023S, 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
Tue14:00 - 16:0007.03.2023 - 27.06.2023HS 18 Czuber - MB LVA
Optimization in Business and Economics - Single appointments
DayDateTimeLocationDescription
Tue07.03.202314:00 - 16:00HS 18 Czuber - MB LVA
Tue14.03.202314:00 - 16:00HS 18 Czuber - MB LVA
Tue21.03.202314:00 - 16:00HS 18 Czuber - MB LVA
Tue28.03.202314:00 - 16:00HS 18 Czuber - MB LVA
Tue18.04.202314:00 - 16:00HS 18 Czuber - MB LVA
Tue25.04.202314:00 - 16:00HS 18 Czuber - MB LVA
Tue02.05.202314:00 - 16:00HS 18 Czuber - MB LVA
Tue09.05.202314:00 - 16:00HS 18 Czuber - MB LVA
Tue16.05.202314:00 - 16:00HS 18 Czuber - MB LVA
Tue23.05.202314:00 - 16:00HS 18 Czuber - MB LVA
Tue06.06.202314:00 - 16:00HS 18 Czuber - MB LVA
Tue13.06.202314:00 - 16:00HS 18 Czuber - MB LVA
Tue20.06.202314:00 - 16:00HS 18 Czuber - MB LVA
Tue27.06.202314:00 - 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 - 11:0027.02.2023GM 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
21.02.2023 10:00 20.03.2023 10:00 20.03.2023 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