ETW2480 - Business modelling methods

Leader: Malaysia: Dr Soo Siew Choo

Offered

Malaysia First semester 2007 (Day)

Synopsis

Topics include business modelling with spreadsheets; the methodology of business modelling; linear programming; transportation and assignment problems; network models and project scheduling problems.

Objectives

The learning objectives of this unit are to:

• describing business models using concept diagrams and mathematical programming formulations;
• formulating, solving and interpreting business problems with linear programming using graphical methods, Excel Solver, duality, sensitivity, and Simplex method;
• formulating, solving and interpreting business problems with integer programming using branch and bound and Excel Solver;
• analysing simple problems using transportation simplex, assignment method, project management networks, and network flow techniques.

Assessment

Written assignments: 20%
Tutorial tests: 20%
Examination (2 hours): 60%

Prerequisites

ETW1010

Prohibitions

BUS2020