ETF2911

Quantitative techniques and software applications for management

Mr Tissa Galaagedera

6 points · one 2-hour lecture and one 1-hour microlab per week · Second semester · Caulfield · Prerequisite: ETX1640

Objectives Develop an understanding of the principles and scope of operations research and the potential for its application in management. Develop an awareness of software packages commonly employed in manufacturing operations; develop an ability to select a method of solution for a specific problem; develop an understanding of quantitative forecasting techniques, and the ability to select a forecasting model for a specific set of data; utilise linear programming techniques, process simulation techniques and project management techniques.

Synopsis Introduction to the principles of operations research and its application, using computer software packages, to typical managerial problems; linear programming applications such as the optimisation of a distribution network will be demonstrated; the principles and application of simulation to manufacturing; advanced forecasting methods as applicable in management.

Assessment Assignments and exercises: 50% · Examination (3 hours): 50%

Prescribed texts

Moore L J and others Management science 4th edn, Allyn and Bacon, 1993

Back to the 1999 Business and Economics Handbook