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ETC4349 - Business simulation

6 points, SCA Band 2, 0.125 EFTSL

Undergraduate Faculty of Business and Economics

Leader: Associate Professor Ralph Snyder

Offered

Not offered in 2007

Synopsis

Simulation in a business environment including applications to production and inventory control, finance, investment and sales forecasting; discrete time simulation with Microsoft Excel; queuing theory and discrete event simulation with a special purpose computer package; principles of random number generation and statistical validation methods.

Objectives

The learning objectives of this unit are to:

Assessment

Written assignments: 40%
Examination (2 hours): 60%

Contact hours

Two 1-hour lectures and one 2-hour tutorial/laboratory per week

Prerequisites

ETC2470 or ETC2480

Prohibitions

ETC3490