MIS275 - Decision Analytics
Unit details
Year: | 2019 unit information. |
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Enrolment modes: | Trimester 2: Burwood (Melbourne), Online |
Credit point(s): | 1 |
EFTSL value: | 0.125 |
Trimester 2 Unit Chair: | David Stewart |
Prerequisite: | MIS171 |
Corequisite: | Nil |
Incompatible with: | Nil |
Scheduled learning activities - campus: | 1 x 2 hour class + 1 x 1 hour lab per week. |
Scheduled learning activities - cloud (online): | 11 x 2 hour class (recordings provided) +3 x 1 hour online seminar. |
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.
Assessment
Assessment 1: (Individual) Case Study (1,000 words + data analysis) 20%
Assessment 2: (Individual) Case Study (1,500 words + data analysis) 30%
Examination: (2-hours) 50%
Hurdle requirement
Hurdle requirement: Achieve at least 50% of the marks available on the examination
Unit Fee Information
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