units

ETW3480

Faculty of Business and Economics

Undergraduate - Unit

This unit entry is for students who completed this unit in 2013 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 2, 0.125 EFTSL

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LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Econometrics and Business Statistics
OfferedSunway First semester 2013 (Day)
Coordinator(s)Dr Soo Siew Choo

Synopsis

This subject covers computer models of business operations, how they are built, and the way they are used in decision-making. The principles of decision-making under risk and the Monte Carlo simulation method are introduced and applied, together with other quantitative methods, to a range of problems in supply chain management. A training in more advanced aspects of Microsoft Excel is provided with a particular emphasis on the use of Visual Basic for Applications to customise spreadsheet models.

Outcomes

The learning goals associated with this unit are to:

  1. expand the understanding of quantitative methods in business
  2. enhance analytical skills for problem solving
  3. increase computing skills for business modelling with spreadsheets
  4. provide a better understanding of common problems in business and the impact of risk.

Assessment

Within semester assessment: 30%
Examination: 70%

Chief examiner(s)

Contact hours

4 hours per week

Prerequisites

Prohibitions

BUS2020