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ETW2480 - Business modelling methods

6 points, SCA Band 2, 0.125 EFTSL

Undergraduate Faculty of Business and Economics

Leader: Malaysia: Dr Soo Siew Choo

Offered

Sunway First semester 2008 (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

Within semester assessment: 40%
Examination (2 hours): 60%

Prerequisites

ETW1010

Prohibitions

BUS2020

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