Quantitative Logistics and Transport (ITLS5200)
UNIT OF STUDY
Supply chain management as well as logistics, transport and infrastructure management relies on the ability to make effective decisions based on the information provided by careful analysis of data. Students undertaking this unit will develop a strong understanding of the basic techniques underpinning quantitative analysis and will develop highly marketable skills in spreadsheet modelling and the communication and presentation of data to support management decision making. This unit emphasises the practical aspects of quantitative analysis with computer based workshops. 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 demand forecasting, spreadsheet modelling, optimisation of production and transportation using linear programming, simulation and basic statistics and linear regression techniques.
Our courses that offer this unit of study
- Graduate Certificate in Logistics and Supply Chain Management
- Graduate Certificate in Transport Management
- Graduate Diploma in Commerce
- Graduate Diploma in Complex Systems
- Graduate Diploma in Logistics and Supply Chain Management
- Graduate Diploma in Transport Management
- Master of Commerce
- Master of Complex Systems
- Master of Logistics and Supply Chain Management
- Master of Transport Management
Further unit of study information
12 x 3.5 hr computer labs, 1 x 3.5 hr workshop.
computer exam (30%), individual report (30%), final exam (40%)
Winston, W.L. and Albright, S.C. 2012, Practical Management Science, 5th edition, Cengage, Boston; Selvanathan, E. A., Selvanathan, S. And Keller, G. 2014, Business Statistics: Australia and New Zealand 6th edition, Cengage Learning Australia, Melbourne.
Faculty/department permission required?
Unit of study rules
Basic familiarity with Excel and some knowledge of simple arithmetic is required in this unit. However, resources are made available online before the start of semester for students who need extra assistance in this area.
QBUS5001 or TPTM6495
ITLS5000 or TPTM5001 or ITLS5100 or TPTM6241
Study this unit outside a degree
If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.
If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.