Page 62 - Graduate Studies Bulletin

GRADUATE STUDIES BULLETIN

inventory classifications, Economic order quantity, Materials cost methods,
and Material Requirement Planning.

EM 553 Introduction to Operation Engineering Management Decision
Analysis
Credits: 3(3-0-0)
Understand the philosophical background and analytical tools of decision
analysis. Tools include decision trees and influence diagrams. The course
covers methods of representing alternatives, uncertainty, risk and
conflicting objectives and the use of maximum expected value criterion in
finding optimal decision. Applications include a variety of business and
management problems. The course requires a project that makes use of
decision analysis methodology for a certain management or business
problem.

EM 554 System Simulation
Credits: 3(3-0-0)
Simulation is becoming an important tool in most management discipline
as a method for analyzing, improving or investigating process performance.
Theoretical aspects concern the performance evaluation of a system by
means of Monte Carlo estimation. The practical aspects concern of being
able to capture a realistic production, manufacturing, services system,
logistic system, into an abstract simulation model.

EM 555 Advanced Optimization for Engineering Management
Credits: 3(3-0-0)
This expands operations research techniques to general convex
programming. Topics include quadratic programming, geometric
programming, semi-definite programming, stochastic programming,
dynamic programming and minimax programming. Applications include
portfolio optimization, energy optimization, network design and operation,
finance, supply chain management and scheduling. The course will also
demonstrate convex programming using interior point methods and
includes a course project using MATLAB.

EM 556 Quality Management for Engineers
Credits: 3(3-0-0)
This course is designed to define quality problems and how to implement

61PRINCE SULTAN UNIVERSITY