Quantitative Tools for Qualified Managerial Decision Making

The course is organized on-site by the Faculty of Management and Economics.

Subjects covered

  • Problem-Solving and Quantitative Analysis for Decision Making, Model Development, Data Preparation, Model Solution, Report Generation, Implementation, Management Science Technique
  • Linear Programming. Problem Formulation, Economical Model, Mathematical Model, Solution (Graphical, Software), Sensitivity Analysis and Interpretation of Solution. Linear Programming Applications (Marketing, Finance, Production Management, Transportation). Solution of LP Models – the Simplex Method, Distribution Method
  • Network Models. Shortest Route Problem, Minimal Spanning Tree Problem, Maximal Flow Problem. Project Scheduling – CPM/PERT (the Concept of Critical Path, Determining of Critical Path, Time Slacks), Time-Cost Analysis
  • Waiting Line Models (Queuing Theory). Structure of Waiting Line System (Single-Channel Waiting Line, Distribution of Arrivals, Distribution of Service Time, Queue Discipline, Steady-State Situation, Multiple-Channel Waiting Line Models, Economic Analysis of Waiting Lines


basics of mathematics, linear algebra, and statistics




RNDr. Bedřich Zimola, Ph.D.

Fee covers

course, accommodation, breakfasts and social events

Fee and deadlines

  • Early Bird: EUR 749; Deadline: 30 April 2024
  • Regular: EUR 799; Deadline: 31 May 2024