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Year:

QM265 Business Decision Making

Updated: 17 November 2008
Credit Points 6
Offering
Responsible Campus Teaching Period Mode of Study
Armidale Semester 1 Off Campus
Armidale Semester 1 On Campus
Online level Level C - Internet access required
Intensive School(s) None
Supervised Exam There is a UNE Supervised Examination held at the end of the teaching period in which you are enrolled.
Pre-requisites 24 cp including either ECON101 or QM161
Co-requisites None
Restrictions ARE315 or ARE415 or QM240 or QM340 or QM365
Notes None
Combined Units QM365 - Business Decision Making
Coordinator(s) Oscar Cacho (ocacho@une.edu.au)
Unit Description

This unit comprises up to 26 lecture hours and 12 laboratory/workshop hours. It provides a working understanding of some of the principal techniques used in business decision making. Topics covered include: linear programming, data envelopment analysis, transportation and assignment problems, goal programming, project scheduling, inventory models, decision theory and games. These techniques can be used to solve problems in areas as diverse as product mixing and blending, firm efficiency and benchmarking, project management and multiperiod financial planning. Real-world examples are provided. Problems and exercises are solved using EXCEL or a simple menu-driven software package.

Prescribed Material
Mandatory
Text(s):

Note: Students are expected to purchase prescribed material

Introduction to Management Science
ISBN: 9780131888098
Taylor III, B.W., Prentice Hall 9th ed. 2007
Text refers to: Semester 1 , On and Off Campus
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
   

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