Syllabus Application
IE 405
Decision Analysis
Faculty
Faculty of Engineering and Natural Sciences
Semester
Spring 2025-2026
Course
IE 405 -
Decision Analysis
Time/Place
Time
Week Day
Place
Date
11:40-13:30
Tue
FENS-L045
Feb 16-May 22, 2026
12:40-13:30
Wed
FASS-G018
Feb 16-May 22, 2026
Level of course
Undergraduate
Course Credits
SU Credit:3, ECTS:6, Engineering:6
Prerequisites
MATH 306
Corequisites
Course Type
Lecture
Instructor(s) Information
Ahmet Barış Balcıoğlu
- Email: balcioglu@sabanciuniv.edu
Course Information
Catalog Course Description
Introduction to the theory and practice of decision processes under risk; use of decision trees and influence diagrams in solving decision-making problems; assessing subjective probabilities in modeling uncertainty; Bayes' theorem; value of information; attitudes towards risk; utility theory; multi criteria decision making; analytic hierarchy process; auctions.
Course Learning Outcomes:
| 1. | Determine the objectives, alternatives and uncertainties to model a decision problem and solve it using various techniques such as decision trees and influence diagrams. |
|---|---|
| 2. | Calculate the values of perfect and imperfect information. |
| 3. | Apply single and multi-attribute utility models. |
| 4. | Implement Analytic Hierarchy Process (AHP). |
| 5. | Describe the fundamental decision heuristics and related biases. |
| 6. | Develop computational decision making skills by using programming languages |