MIS275 - Decision Analytics
| Year: | 2023 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 to evidence a minimum proficiency in the aligned discipline learning outcomes included in this unit.
Unit Fee Information
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