IDS 446
Decision Analysis
Spring, 2000
This course will use Course_Info
to deliver information.
The URL is http://courseinfo.uic.edu:88/courses/ids446s00
Preregistration
Information:
What: Decision Analysis
is the name given to an approach to decision making that takes account
of the decision-maker's values, the decision-maker's assessments of the
likelihood of future events, and the sequencing of the decisions over time.
Why: This approach
has been used to make difficult decisions involving health and safety,
and can be used in many business situations. Even when the approach is
not used formally, study of the Decision Analysis approach to decision
making can bring a better understanding of the factors involved in decision
making.
Who: Anyone who has
completed IDS 371 may take this course. Students who have not taken IDS
100 may need to make a special effort to get up to speed on using Windows
software. Students are encouraged to complete Math 205 before taking this
course.
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Course Materials
Required Materials
-
Making Hard Decisions,
by Clemen.
-
DPL Manual and Software
Reserve Books
Software Usage
-
MS Excel, available on
campus
-
DPL, available on campus
-
Netscape, available on
campus, or other World Wide Web viewer.
-
e-mail, available on campus
through icarus, or other e-mail handler.
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Course
Rules and Guidelines
The course will follow the Clemen
textbook. Students will be responsible for reading the textbook and manual,
participating in class, and doing homework. Students will be evaluated
on these and on two midterms and a final.
Homework Exercises
Homework will be assigned on a weekly basis.
Most of the homework will require use of the software package DPL. Students
may work on their homework in teams of at most 3 students. The homework
exercises will count as 15% of the semester grade. Homework will not be
accepted late. In computing the semester grade, I will drop one homework
score as long as it is not the last one.
Participation
Students are expected to be present and active
in class. On most days, a one-question quiz will be given at the
beginning of class. This will count toward participation. Participation
will count as 10% of the semester grade.
Midterm
There will be two midterms, probably
in the 6th and 11th weeks of the semester. Each midterm will count 20%
of the semester grade, and will cover material to date. There will be no
make-up for either midterm.
Final
The final for this course is
scheduled for Friday, 3:30-5:30, May 5. It will count 35% of the semester
grade and cover the entire course.
Absences
It is important for students to attend class.
Please let me know, preferably by e-mail, if you will not be able to attend
a class. If you miss more than one or two classes during the term,
I will expect that you will explain your absence in terms of some major
personal catastrophe.
If you are absent from a regular class,
you should obtain any information you missed from the Web and from your
fellow students. If you are unable to turn in a homework on time, that
homework can count as the one that will be dropped in computing your semester
grade.
I do not provide make-ups for midterms.
I will excuse a student from the midterm under either of the following
circumstances:
-
The student has a note from a doctor concerning
the student's unavoidable absence at the time of the exam.
-
The student has given me an acceptable reason
for missing the exam ahead of time.
The only circumstances under which a make-up
final exam will be given are the ones listed above for excusing the midterm.
If you must be absent from an exam, because
of severe illness or an accident, I expect you to notify me at the earliest
possible moment. If you must be absent for an extended period of time,
you should notify me and your college advising office. (For most students,
this will be the undergraduate office of the College of Business Administration.)
Plagiarism and Inappropriate
Use of Others' Work
The University standards on originality of
work you submit apply in this course. Thus I expect no copying or collusion
during exams or quizzes. Working with other students when you are thinking
about your homework is often a good way to enrich your understanding of
the material. However, I expect each team to write up their own homework
to turn in. The team should do this without any reference to another
team's papers or computer files. In order to avoid others' misusing your
work, you should not share your papers or files with others who are not
on your team, nor should you leave your papers or files around in a public
place.
Add/Drops
Students without the prerequisites should
drop the course, for otherwise I will arrange for their being dropped.
Students who decide to drop the course should do so at the earliest possible
moment, so that others may add the course.
If the section is closed, I will start
a waiting list on the first day of class. It may be possible to add some
students with good attendance records. Students are also encouraged to
keep checking the phone registration system in case a space opens up.
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Revised, 7 January 2000, JNH.