2014 Unit of Study
The session(s) below are for 2014. For Summer School 2014 unit of study availability please visit the Summer School website (main Summer session January/February 2014).
The University of Sydney session calendar shows exact dates for sessions.
|Quantitative Logistics and Transport|
|Offered||Semester 1 and Semester 2|
|Corequisites||ITLS5000 or TPTM5001 or ITLS5100 or TPTM6241|
|Additional Information||Assumed knowledge: Basic familiarity with MS Excel and basic mathematical knowledge.|
|Lectures||9 x 3.5 hr lectures, 5 x 3.5 hr computer laboratory. Refer to timetable for full details.|
|Assessment||In-class quizzes (30%), and computer exams (70%).|
|Description||Successful logistics, transport and infrastructure management relies on the ability to analyse and transform data into usable information to support decision making. This unit emphasises the practical aspects of quantitative analysis with computer based workshops providing students with highly marketable skills in MS Excel. Students are guided through the basic theories used in decision making but emphasis is placed on how the theories are applied in practice, drawing on real world experience in quantitative analysis. The unit covers basic statistical analysis, linear regression, demand forecasting, spreadsheet modelling and linear programming.|