Management Science (QBUS2310)

UNIT OF STUDY

The ability to understand and mathematically formulate decision problems is a fundamental skill for managers in any organisation. This unit focuses on basic management science modelling techniques used in capacity planning, production management, and resource allocation. Students will learn to approach complex real life problems, formulate appropriate models and offer solution procedures to ensure an optimal use of resources. Methods include linear programming, integer programming, quadratic programming, and dynamic programming.

Our courses that offer this unit of study

Further unit of study information

Classes

1x 2hr lecture and 1x 1hr tutorial per week

Assessment

2x Assignments (10% + 10%), mid-semester exam (25%), and final exam (55%)

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

BUSS1020 or ECMT1010 or equivalent

Prohibitions

ECMT2620, ECMT2720

Study this unit outside a degree

Non-award/non-degree study

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.

Cross-institutional study

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.