FIT2033 Computer models for business decisions

This unit examines the principles and practice of modelling and analysis of business systems as a support for the decision making activities. At the completion of the subject the student should understand some of the most commonly used computer modelling techniques used in business and industry and be familiar with the applications of these techniques to business related problems. Topics will include breakeven analysis, linear programming models, various aspects of decision making, waiting lines systems and simulation, network problems, and forecasting techniques.

Teaching

• Lectures
• Tutorials
• Students will be supported through electronic newsgroups, email and electronic submission

Assessment

• Assignment 40%
• Examination: 60%
  3 hour closed book

Prerequisites

Prerequisites

ETW1102 or equivalent

Corequisites

None

Prohibitions

None