Course period: 2.
Year of study: 1.
Compulsory module

The main educational goal of the course is to provide students with knowledge in the field of optimization models and other models or techniques of operational research applicable to business analyses, as well as solving other economic problems of inventory control, queuing theory, renewal theory, but also network theory and efficiency of production units, to acquaint students with the basic paradigms of game theory with a focus on antagonistic and non-antagonistic games, games of two players with zero and non-zero sum in pure and mixed strategies.

After completing the course, the student will be able to solve even more sophisticated analytical tasks and know how to effectively implement them in terms of business practice.

Brief module description:

  • Implementation of optimization models and techniques of operational research in business analysis.
  • Queuing theory models.
  • Inventory theory models.
  • Models of reliability and renewal of machines and equipment.
  • Reliability models and models of renewal of machines and equipment.
  • Basic tasks of network analysis.
  • Network optimization, distribution networks.
  • Data Envelopment Analysis – DEA.
  • Introduction to Game theory.
  • Non-zero-sum games.
  • Pure and mixed strategies.