BUS1110 - Computer models for business decisions

Offered

Clayton Second semester 2007 (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

4 x contact hrs/week

Prohibitions

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