BUS1110

Computer models for business decisions (6 points)

(IT)

Leader: Leonid Churilov

Offered:
Clayton Second semester 2003 (Day)
Malaysia Second semester 2003 (Day)
South Africa Second semester 2003 (Day)
Clayton Second semester 2004 (Day)
Malaysia Second semester 2004 (Day)
South Africa Second semester 2004 (Day)

Synopsis: Computer modelling techniques and their application to business-related problems. Principles and practice of modelling business systems as a support for the decision-making activities of executives. Topics include decision making under uncertainty, Monte Carlo simulation, forecasting, inventory control and project management.

Assessment: Examination: 60% + Assignments: 25% + Practical test: 15% + Students must pass the examination in order to pass the unit.

Contact Hours: Two 1-hour lectures and one 1-hour laboratory per week

Prohibitions: CPE1005, ETC2480, ETF2480, ETF2911, ETF2840, ETW2480, GCO2802, MAT1097