1. SEN313 MULTI CRITERIA DECISION MAKING
Dr. Y. İlker TOPCU
facebook.com/yitopcu twitter.com/yitopcu
instagram.com/yitopcu
Dr. Özgür KABAK
web.itu.edu.tr/kabak/

3. Course information Credits: 3+0 ECTS Credits: 3 Type: Elective
Language: English
Web site: web.itu.edu.tr/topcuil/ya/SEN313

4. Course description Decision analysis Group decision making
Decision tables / payoff matrices
Decision trees
Group decision making
Voting, Social choice functions
Multiple Criteria Decision Making
Structuring the problem
Constructing the decision model
Analyzing the problem
Elementary methods
SAW, WP, TOPSIS
Outranking methods
Analytic Hierarchy Process / Analytic Network Process

5. Course objectives Giving fundamental topics on decision making
Modeling of decision making problems, providing students some methods those aid to solve decision problems with conflicting objectives
Improving students’ decision making skills

6. Course learning outcomes
Students who pass the course gain knowledge, skill and competency in the following subjects:
getting knowledge about basic terms of decision making
classifying and model decision making problems
solving the problem by an appropriate solving method
solving real world problems having conflicting criteria

7. References Web site of the course
Up-to-date lecture notes and supplements
Solutions to exams and homework
Books
Taylor B.W Introduction to Management Science, Pearson Education Inc., New Jersey.
Render B., Stair Jr R.M., and Hanna M.E Quantitative Analysis for Management. Pearson Education Inc., New Jersey.
Goodwin P., Wright G Decision Analysis for Management Judgment, John Wiley & Sons, New York.
Saaty T.L Decision Making for Leaders. RWS Publ., Pittsburg.
Saaty T.L Theory and Applications of the Analytic Network Process. RWS Publ., Pittsburg.
Vincke, Ph., Multi Criteria Decision Aid. John Wiley & Sons, Inc., West Sussex
Web sites of other courses

8. Assessment Criteria Final exam (40%), Midterm exams (40%),
Assignment (20%)
Exams will be “multiple choice test”, “open book”, or "take home"

9. Exams Midterm exam 1 March 6 Midterm exam 2 April 10 Final exam
Take home

10. Paper review
Literature survey on a specific managerial decision making problem solved by various multi-criteria decision techniques.
Groups will present journal papers related with decision making at the last week.
Group work (max 3 students)

11. Paper review – Important dates
Deadline for proposal submission: March 13
Deadline for report submission: April 30
Presentations: May 15

12. Paper review PROPOSAL SUBMISSION (e-mail message) – March 13
In which managerial application area would you study?
Summary of the application area
Which papers (from academic journals) have you found? (list of authors, titles, abstracts should be submitted)
I will approve/disapprove your proposals and inform you at the class web site.

13. Paper review REPORT SUBMISSION (hard copy) - April 30
Literature survey aiming to explore the studies done for the application area chosen and to cover the theoretical issues underlying the project topic and current developments regarding the chosen topic.
The synthesis of summaries and evaluation (with your own sentences and comments) of papers will be submitted.
Please attach a copy of the full texts at the end of your report!
PRESENTATION (powerpoint presentation) – May 15
The last week of the class will be spent listening actively to your peers as they present their reviews. A roughly 20 minute group presentation will made and the reviews will be discussed during the class. Students are expected to learn eagerly during these presentations.

14. Cheating and Plagiarism
Do not!
Studying together to understand the material is fine, but the work you hand in is to be your own.
No cheating will be tolerated: A letter grade of F will be given!

15. Schedule

16. Assoc. Prof. Dr. Özgür Kabak
Office address
Management Faculty A311, Maçka, Istanbul
Phone
(212)   /2039 office   /2073 secretary
Web site
web.itu.edu.tr/kabak/
address

17. Assoc. Prof. at Industrial Engineering department of ITU (2015)
Post-doc studies at Belgium Nuclear Research Centre (SCK.CEN) ( )
A fuzzy multi attribute decision making approach for nuclear safeguards information management
Ph.D. in ITU Industrial Engineering programme (2008)
Modeling supply chain network using possibilistic linear programming and an application
Research interests
Operations Research (Mathematical programming)
Modeling Complex Systems
Fuzzy Decision Making

18. Prof. Dr. Y. İlker Topcu Office address
Management Faculty C301, Maçka, Istanbul
Phone
(212)   /2069 office (532) mobile
Web site
twitter.com/yitopcu
address

19. Professor at Industrial Engineering department of ITU (2011)
Associate Professorship in Operations Research (2005)
Ph.D. in ITU Engineering Management programme (2000)
Integrated decision aid model for multi-attribute problem solving
Ph.D. research at Centre for Decision Research of Leeds University Business School ( )
Research interests
Decision Analysis, Multi Criteria Decision Making, Group Decision Making
Operations Research / Management Science
Logistics Management, Ethics in OR, Business Ethics, Transp’n, Energy, Bidding and Tender Systems, Scheduling