Leader: Leonid Churilov
Clayton Second semester 2005 (Day)
Malaysia Second semester 2005 (Day)
South Africa Second semester 2005 (Day)
Synopsis: Computer modelling techniques and their application to business-related problems. Principles and practice of modelling business systems as a support for the decision-making activities of executives. Topics include decision making under uncertainty, Monte Carlo simulation, forecasting, inventory control and project management.
Assessment: Examination: 60% + Assignments: 25% + Practical test: 15% + Students must pass the examination in order to pass the unit.
Contact Hours: Two 1-hour lectures and one 1-hour laboratory per week