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2022 unit information
MIS171
Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.
1 x 1.5 hour class + 1 x 1.5 hour seminar per week
1 x 1.5 hour class (recordings provided) + 1 x 1.5 hour online seminar per week.
This unit focuses on quantitative decision models to improve managerial decision-making, using the insights gained from business analytics. Students will apply decision models to make decisions in the domains of finance, supply chain, production planning, resource allocation and distribution networks. Students will learn to interpret and conceptualise different real-life business scenarios as mathematical models, allowing the decision-maker to experiment with different decision inputs, and investigate the sensitivity of the outcomes.
Apply decision models and modern optimisation techniques to conceptualise and represent a business scenario
GLO1: Discipline-specific knowledge and capabilities
ULO2
Apply optimisation software tools to find optimal decisions for a given business scenario
ULO3
Interpret and analyse the results; investigate the assumptions of the decision model
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Hurdle requirement: Achieve at least 50% of the marks available on the examination
The texts and reading list for the unit can be found on the University Library via the link below: MIS275 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
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