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MIS775 - Decision Modelling for Business Analytics

Unit details

Year2016 unit information
Enrolment modes:Trimester 1: Burwood (Melbourne), Cloud (online)
Trimester 3: Burwood (Melbourne), Cloud (online)
Previously coded as:Nil
EFTSL value:0.125
Cohort rule:

Available to students enrolled in Master's level courses only

Unit chair:

D Mather

Prerequisite:

MIS771

Corequisite:

MIS772

Incompatible with:

Nil

Contact hours:

Campus: 1 x 2 hour class, 1 x 1 hour computer lab per week
Cloud(online): Learning resources are via CloudDeakin

Content

This unit aims to provide students with the knowledge and skills to build complex decision models and use advanced quantitative modelling techniques to analyse and develop solutions to business problems.

On completion of the unit students should be able to:
1. Conceptualise, formulate and represent a business problem as a decision model
2. Develop business decision models using software tools
3. Use decision modelling techniques such as optimisation, stochastic modelling and risk analysis
4. Develop and evaluate the utility of alternative solutions
5. Carry out sensitivity analysis
6. Develop on overview of advanced modelling techniques and approaches in Business Analytics.

Assessment

Assessment 1 (individual) - Assignment (spreadsheet model) - 40%

Assessment 2 (individual) - Assignment (spreadsheet based model and executive summary) - 40%

Assessment 3 (group of 2-3 students) - Assignment (1000 words) - 20%

Unit Fee Information

All Commonwealth Supported Place (CSP), fee paying undergraduate and pre-2016 commencing students

Unit fee information available soon


2016 commencing International and full fee paying postgraduate domestic students

Your units are priced based on the course you are enrolled in. Please refer to the current year's course entry to estimate the unit cost.


You can calculate the cost of each unit by using the following calculation:


Course fee x unit EFTSL value = unit price

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