MIS275 - Decision Analytics

Year:

2021 unit information

Enrolment modes: Trimester 2: Burwood (Melbourne), Cloud (online)
Credit point(s): 1
EFTSL value: 0.125
Prerequisite:

MIS171

Corequisite: Nil
Incompatible with: Nil
Study commitment

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus

1 x 1.5 hour class + 1 x 1.5 hour seminar per week

Scheduled learning activities - cloud (online)

1 x 1.5 hour class (recordings provided) + 1 x 1.5 hour online seminar per week.

Content

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.

Hurdle requirement

Hurdle requirement: Achieve at least 50% of the marks available on the examination

Unit Fee Information

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