ANALYSIS OF MANAGEMENT DECISIONS - BMEGT20ML74

During the course, students will participate in a production simulation game and make decisions in a team. In the simulation game, student groups take over the management of a virtual electric vehicle engine company and make decisions over several periods to optimize the operation of the plant. Once the decisions have been made, they can see the results achieved on the website of the game, which they can use to improve the results for further periods. The simulation game is available on an online platform and can be easily opened from a browser. The game comes with a manual that details the game and the decision framework. Based on the contents of the manual and an initial condition, management decisions must be made over several consecutive periods and recorded online - the initial data helps to make the first decision, further decisions must be based on the results of the previous period. The analyses needed to make decisions are based on the knowledge of the subjects studied during the MBA programme, students will encounter problems and decisions of human resource management, production and operations management, accounting, and financial nature.

1. The student is in possession of modern, theoretically demanding mathematical-statistical and modelling methods of problem recognition, formulation and solution, information collection and processing, he/she also knows their limitations.

1. The student formulates independent new conclusions, original ideas and solutions, is able to apply demanding analysis and modelling methods, to develop strategies for solving complex problems, to make decisions.
2. Develops and is able to represent an individual position based on one's own analysis.

1. Is open and inclusive to new achievements in economics and practice.
2. The student considers it his/her duty to correct mistakes and develop his staff. It helps the personal professional development of your employees and subordinates.
3. Turns with interest to the results and solutions of related disciplines, open to networking.

1. Independently selects and applies the relevant problem-solving methods in areas important for organizational policy, strategy and management
2. Performs economic analysis, decision preparation and consulting tasks independently.

Consultations, teamwork, simulation game.

• Szimulációs játékhoz tartozó kézikönyv
• Egyéb, az oktatók által kiadott oktatási segédletek (https://edu.gtk.bme.hu)
• Koltai T.: Termelésmenedzsment, Typotex, 2009
• Damodaran, A.: A befektetések értékelése, Panem Kft, 2006
• Vörös J.: Termelés- és szolgáltatásmenedzsment, Akadémiai Kiadó, 2010
• Kovács Z.: A termelő és szolgáltató rendszerek fejlesztésének főbb irányai, Akadémiai Kiadó, 2017

The learning outcomes set out in point 2.2 are assessed during the examination period by a written examination

A. Detailed description of performance evaluations during the term: none B. Performance evaluation during the examination period (exam): Elements of the exam: 1. written performance evaluation: after the end of the simulation game, a summary report must be submitted by the teams. The teams summarize the decisions made in the game on 15-20 pages, the circumstances and pillars of their decision-making, identify their difficulties and also mention good practices. A total of 50 points can be earned for active participation and the submitted report. The points are scored by the teams for each member of the team.

• Summary report: 100%
• Total: 100%

The condition for obtaining the signature is registration on the simulation game website. The signature is valid for the period specified in the Code of Studies

According to the Code of Studies.

Consulted with the Faculty Student Representative Committee, approved by Emma Lógó, PhD, Vice Dean for Education

To achieve the learning outcomes outlined in section 2.2, at the beginning of the semester, students form teams in a self-organizing manner, and then, after a thorough, in-depth study of the handbook and two trial rounds, they make decisions over six periods of play.

Part III of the Subject Data Sheet is approved by the head of the Department of Management and Business Economics indicated in point 1.8 in consultation with the programme manager(s) of the relevant field(s).