Leader: To be advised
South Africa Second semester 2006 (Day)
Synopsis: Theory and background to managerial decision making in respect of the following different types decision making techniques: Cost profit volume analysis, Linear correlation and regression analysis, Learning curve theory, Relevance approach to non-routine profit related decisions, Decision making under circumstances of risk and uncertainty, Cost planning of network projects, Inventory models, Standard costing, Activity based costing, Budgeting techniques, Just in time.
Assessment: Assignment (up to 3000 words): 15% + Mid-semester test 15% + Final Examination (3 hours): 70%
Contact Hours: One 2-hour lecture and one 1-hour tutorial.