BUS1110

Computer models for business decisions ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Leonid Churilov

Offered:
Clayton Second semester 2005 (Day)
Malaysia Second semester 2005 (Day)
South Africa Second semester 2005 (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