11017 (v.3) Optimisation and Simulation 301

Area:	School of Information Systems
Credits:	25.0
Contact Hours:	4.0
The tuition pattern below provides details of the types of classes and their duration. This is to be used as a guide only. For more precise information please check your unit outline.
Lecture:	1 x 4 Hours Weekly
Prerequisite(s):	10993 (v.4) Business Statistics 201 or any previous version
Syllabus:	This unit provides an introduction to computer-based optimization and simulation models for decision making. The emphasis is on models that are widely used in diverse industries and functional areas. Information has come to be recognized as a critical resource, and models play a key role in deploying this resource, in organizing and structuring information so that it can be used productively. The aim of the course is to help students become intelligent consumers of these methods. To this end, the course will cover the basic elements of modelling - how to formulate a model and how to use and interpret the information a model produces. The course will attempt to instil a critical viewpoint towards decision models, recognizing that they are powerful but limited tools.
To ensure that the most up-to-date information about unit references, texts and outcomes appears, they will be provided in your unit outline prior to commencement.
Field of Education:	010100 Mathematical Sciences (Narrow Grouping)
SOLT (Online) Definitions*:	Not Online *Extent to which this unit or thesis utilises online information
Result Type:	Grade/Mark

Availability

Availability Information has not been provided by the respective School or Area. Prospective students should contact the School or Area listed above for further information.