Undergraduate - UnitETW2480 - Business modelling methods

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 2, 0.125 EFTSL

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Level	Undergraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Econometrics and Business Statistics
Offered	Malaysia First semester 2014 (Day)
Coordinator(s)	Dr Akram Hasanov

Synopsis

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

Outcomes

The learning goals associated with 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.