units

ETW2480

Faculty of Business and Economics

Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2015 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

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Econometrics and Business Statistics
OfferedMalaysia First semester 2015 (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:

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

Assessment

Within semester assessment: 40%
Examination: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Prerequisites

Prohibitions

BUS2020, ETC2480, ETF2480