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ETC2480 - Business modelling methods

6 points, SCA Band 0 (NATIONAL PRIORITY), 0.125 EFTSL

Undergraduate Faculty of Business and Economics

Leader(s): Dr Lee Gordon-Brown


Clayton First semester 2009 (Day)


Topics include business modelling with spreadsheets; the methodology of business modelling; linear programming; transportation and assignment problems; integer programming; network models and project scheduling problems.


The learning goals associated with this unit are to:

  • describing business models using concept diagrams and mathematical programming formulations
  • formulating, solving and interpreting business problems with linear programming using graphical methods, Excel Solver, duality, sensitivity, and Simplex method
  • formulating, solving and interpreting business problems with integer programming using branch and bound and Excel Solver
  • analysing simple problems using transportation simplex, assignment method, project management networks, and network flow techniques.


Within semester assessment: 40%
Examination (2 hours): 60%

Contact hours

Two 1-hour lectures and one 2-hour practice class per week




BUS2020, ETF2480, ETW2480

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