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Management Science (MS) Course Descriptions

Department of Management Science and Statistics, College of Business


MS 1023  Business Statistics with Computer Applications I
(3-0) 3 hours credit. Prerequisites: A grade of “C-” or better in IS 1403 and MAT 1033, or equivalents.
This is the first course in a sequence of three courses designed to introduce basic statistical and quantitative techniques for business and economics. This course examines analytical skills and statistical concepts important in business-oriented environments. Various statistical techniques will be presented to assist in solving problems encountered by organizations. Topics include, but are not limited to, descriptive statistics, measures of central tendency and dispersion, elementary probability theory, expected value, random variables, discrete and continuous distributions, sampling distributions, point and interval estimation, and hypothesis testing. Electronic spreadsheets will be utilized for analyzing and interpreting data. (Credit cannot be earned for both MS 1023 and MS 1013.)

MS 3043  Business Statistics with Computer Applications II
(3-0) 3 hours credit. Prerequisites: A grade of “C-” or better in MAT 1033 and MS 1023, or equivalents.
This course builds on the foundations learned in MS 1023. Statistical concepts include, but are not limited to, hypothesis testing concepts, goodness-of-fit tests, tests of independence, nonparametric tests, decision making under uncertainty, analysis of variance, correlation, linear and multiple regression, and time series. Electronic spreadsheets and statistical software will be utilized in analyzing and interpreting data and for hands-on assessment.

MS 3053  Management Science and Operations Technology
(3-0) 3 credit hours. Prerequisites: A grade of “C-” or better in MAT 1033, MS 1023, and MS 3043, or equivalents.
This is an introductory course in management science that emphasizes model building as a foundation for rational decision making and problem solving across disciplines and functional areas. Topics include, but are not limited to, mathematical programming, network models, project management, multi-criteria decision making, inventory management, service operations and queuing models, Markov analysis, and simulation. Computer software is used to apply these techniques in the analysis of a wide variety of decision problems. (Credit cannot be earned for both MS 3053 and MS 3033.)

MS 3063  Decision Support Systems
(3-0) 3 hours credit.
This course focuses on applications of decision-support models and computer software to problems in business, government, and other types of organizations with an emphasis on emerging technologies. It emphasizes fundamentals of decision support systems and hands-on experience using computer-based technologies to support organizational decision making. The primary focus is on four essential areas: decision analysis, simulation, project analysis, and mathematical programming. Excel, Microsoft Project, WINQSB, Expert Choice, and Extend are some of the software packages utilized.

MS 3313  Business Applications of Statistics
(3-0) 3 hours credit.
This course emphasizes application of statistics in problem-solving situations involving management, marketing, human resources, finance, and operations management. Useful techniques include analysis of variance, simple and multiple regression, logistic regression, multiple discriminant analysis, factor analysis, cluster analysis, multidimensional scaling, and conjoint analysis. Students use computer software such as SPSS or SAS in their analyses.

MS 3403  Logistics Management
(3-0) 3 hours credit.
This course focuses on analyzing managerial decisions related to the movement and storage of supplies, work-in-process, and finished goods, examining the trade-offs encountered by managers: costs and service levels, level and modes of transportation used, warehousing and control of inventory levels, demand management and forecasting master production scheduling, just-in-time (JIT), materials requirements planning (MRP), MRP II, DRP, materials handling within warehouses, distribution of finished goods to customers, industrial packaging, and importance of logistics to the overall productivity of a firm are investigated. When available, an integrated software approach such as supply chain management (SCM) and enterprise resource planning (ERP) by SAP, Oracle or I2 will be adopted.

MS 3413  Purchasing and Inventory Management
(3-0) 3 hours credit.
This course explores the industrial purchasing cycle for materials acquisition and management. Determination of requirements, supplier qualifications, appraisals, source selection, buying practices, value analysis, policies, ethics, and international purchasing are included in this course. Inventory control concepts, techniques, and strategies for effective integration with basic finance, marketing, and manufacturing objectives are topics covered in this course. Models for dependent and independent demand inventory systems, material requirements planning systems, distribution requirements, planning techniques, and the classical reorder point inventory model are also included.

MS 4313  Six Sigma and Lean Operations
(3-0) 3 hours credit.
This course focuses on Six Sigma as a quality improvement methodology structured to reduce failure rates to a negligible level and on lean operations methodology structured to reduce waste. Materials include an overview of lean management philosophy and fundamentals of DMAIC problem-solving methodology. Topics include project criteria and prioritization methods, process capability measures, scorecard development, Six Sigma tools, DOE, and sampling and analyzing process data.

MS 4323  Simulation Applications in Business
(3-0) 3 hours credit.
A study of the techniques for modeling and analysis of business processes using computer simulation and animation is the focus of this course. Selected example applications from supply chain management, financial, marketing, and operations functions are included. The computer simulations provide support for the management decision process.

MS 4333  Project Management
(3-0) 3 hours credit.
This course provides a practical examination of how projects are managed from start to finish. The emphasis is on planning and control to avoid common pitfalls and manage risk. Planning includes defining objectives, identifying activities, establishing precedence relationships, making time estimates, determining project completion times, and determining resource requirements. CPM/PERT networks are established, and computer software (Microsoft Project, WINQSB, and Excel) is used to monitor and control the project.

MS 4343  Production/Operations Management
(3-0) 3 hours credit.
This course focuses on the production and operations management function in business. It includes a review of the methods required for design, operation, and improvements of the systems that create products or services. Traditional topics in manufacturing and service operations are investigated including an introduction to supply chain management concepts.

MS 4353  Service Operations Management
(3-0) 3 hours credit.
This course is designed to provide an in-depth examination of operations management practices in service-oriented environments. The subjects introduced include topics from operations management, logistics, marketing, economics, and management demonstrated in a broad spectrum of service organizations. The course looks at strategic concepts in modern service management and presents analytical tools for business decision making. Topics include, but are not limited to, service quality, process design, facility location analysis and site selection, waiting line models, inventory management in services, demand forecasting, workforce scheduling, learning curve models, overbooking, service supply chain, and integrated service operations management.

MS 4363  Quality Management and Control
(3-0) 3 hours credit.
This course investigates the fundamental nature of quality and its implications for business. Topics include statistical methods for quality improvement in manufacturing and service operations. Emphasis is given to both the technical and managerial issues in understanding and implementing quality as a component for success in today’s global business environment.

MS 4383  Applied Forecasting in Operations
(3-0) 3 hours credit.
This course introduces modern and practical methods for operations planning and decision making. Short-term forecasting of demand, personnel requirements, costs and revenues, raw material needs, and desired inventory levels are some of the topics included. Other topics covered include technological and environmental forecasting, decomposition methods, and monitoring (automatic procedures such as tracking signals).

MS 4543  Supply Chain Management
(3-0) 3 hours credit.
Principles, techniques and practices of corporate supply chain management are covered in this course. The focus is on the strategic coordination and information management that integrates supplier selection, purchasing, transportation, inventory and warehousing, channel planning and configuration, production and distribution from procurement of raw material to customer satisfaction. Business decision models and techniques for facility location, production, inventory, transportation and other operational issues are presented. Currently available software will be surveyed and cases of successful implementations will be analyzed.

MS 4911-3  Independent Study in Management Science
1 to 3 hours credit. Prerequisites for business majors: Permission in writing from the instructor, the Department Chair, and the Dean of the College of Business. See the College of Business Undergraduate Advising Center for required forms and additional requirements.
Independent reading, research, discussion, and/or writing under the direction of a faculty member. This course may be repeated for credit, but not more than 6 semester credit hours of independent study, regardless of discipline, will apply to a bachelor’s degree.

MS 4933  Internship in Management Science
3 hours credit. Prerequisites for business majors: Permission in writing from the instructor, the Department Chair, and the Dean of the College of Business; and 2.5 grade point average. See the College of Business Undergraduate Advising Center for required forms and additional requirements.
Supervised full- or part-time work experience in management science. Offers opportunities for applying management science in private businesses or public agencies. May be repeated for credit, but not more than 6 semester credit hours will apply to a bachelor’s degree.

MS 4951-3  Special Studies in Management Science
(1-0, 2-0, 3-0) 1 to 3 hours credit. Prerequisite: Consent of instructor.
An organized course offering the opportunity for specialized study not normally or not often available as part of the regular course offerings. Special studies may be repeated for credit when the topics vary.

MS 4993  Honors Thesis
3 hours credit. Enrollment limited to students applying for Honors in Management Science and Statistics (see page 55).
Supervised research and preparation of an honors thesis. May be repeated once for credit with advisor’s approval.


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