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[an error occurred while processing this directive]Dr Dengsheng Zhang
Senior Lecturer
Phone: +61 3 990 26772
Fax: +61 3 9902 6879
Dr Dengsheng Zhang
Senior Lecturer
Phone: +61 3 990 26772
Fax: +61 3 9902 6879
Welcome to FIT4022 Computer Models for Business Decisions for semester 2, 2010. This 6 point unit is an elective unit of Master of Business Systems offered by the Faculty of IT. Built upon the foundation units offered in the undergraduate courses of FIT or other faculty, this unit provides advanced concept and techniques for information processing, particularly useful for business environment.
Specifically, the unit introduces a number of common math models used by business managers in making business decisions. It explores many aspects of decision making process with emphasis on the relationship between theoretical knowledge and its practical application using cases and real examples. Computer solutions or simulations are provided to implement the theoretic and practical concepts.
For on campus students, workload commitments are:
Off-campus students generally do not attend lecture and tutorial sessions, however, you MUST spend equivalent time working through the relevant resources and participating in discussion groups each week.
For information on timetabling for on-campus classes please refer to MUTTS, http://mutts.monash.edu.au/MUTTS/
On-campus students should register for tutorials/laboratories using the Allocate+ system: http://allocate.its.monash.edu.au/
Week | Date* | Topic | Study guide | References/Readings | Key dates |
---|---|---|---|---|---|
1 | 19/07/10 | Introduction and Breakeven Analysis | SG1 | Chapter 1 of text book | |
2 | 26/07/10 | Linear Programming | SG2 | Chapter 2 of text book | |
3 | 02/08/10 | Linear Programming: Computer Solution and Sensitivity Analysis | SG3 | Chapter 3&4 of text book | |
4 | 09/08/10 | Integer Programming | SG4 | Chapter 5 of text book | |
5 | 16/08/10 | Transportation and Assignment Problems | SG5 | Chapter 6 of text book | |
6 | 23/08/10 | Shortest Path and Minimal Spanning Tree Problems | SG6 | Chapter 7 of text book | Assignment 1 Due |
7 | 30/08/10 | Multicriteria Decision Making | SG7 | Chapter 9 of text book | |
8 | 06/09/10 | Decision Making Theory | SG8 | Chapter 11, 12 of text book. | |
9 | 13/09/10 | Decision Tree | SG9 | Chapter 11, 12 of text book. | |
10 | 20/09/10 | Queuing Analysis | SG10 | Chapter 13 of text book. | |
Mid semester break | |||||
11 | 04/10/10 | Monte Carlo Simulation | SG11 | Chapter 14 of text book. | Assignment 2 Due |
12 | 11/10/10 | Forecasting | SG12 | Chapter 15 of text book. | |
13 | 18/10/10 | Exam Preparation | SG1-12 | All related chapters of the text book |
*Please note that these dates may only apply to Australian campuses of Monash University. Off-shore students need to check the dates with their unit leader.
Taylor, B.W. III, Introduction to Management Science, 10th edition, Prentice Hall, 2010, ISBN-10: 013-245757-1 or ISBN-13: 978-0-13-245757-6.
Text books are available from the Monash University Book Shops. Availability from other suppliers cannot be assured. The Bookshop orders texts in specifically for this unit. You are advised to purchase your text book early.
Study resources we will provide for your study are:
To pass a unit which includes an examination as part of the assessment a student must obtain:
If a student does not achieve 40% or more in the unit examination or the unit non-examination total assessment, and the total mark for the unit is greater than 50% then a mark of no greater than 49-N will be recorded for the unit.
The final grade will be calculated as the weighted average of all the assessment components.
Assignment coversheets are available via "Student Forms" on the Faculty website: http://www.infotech.monash.edu.au/resources/student/forms/
You MUST submit a completed coversheet with all assignments, ensuring that the plagiarism declaration section is signed.
Assignment submission and return procedures, and assessment criteria will be specified with each assignment.
Assignment submission and preparation requirements will be detailed in each assignment specification. Submission must be made by the due date otherwise penalties will be enforced. You must negotiate any extensions formally with your campus unit leader via the in-semester special consideration process: http://www.infotech.monash.edu.au/resources/student/equity/special-consideration.html.
Please make every effort to submit work by the due dates. It is your responsibility to structure your study program around assignment deadlines, family, work and other commitments. Factors such as normal work pressures, vacations, etc. are not regarded as appropriate reasons for granting extensions. Students are advised to NOT assume that granting of an extension is a matter of course.
Students requesting an extension for any assessment during semester (eg. Assignments, tests or presentations) are required to submit a Special Consideration application form (in-semester exam/assessment task), along with original copies of supporting documentation, directly to their lecturer within two working days before the assessment submission deadline. Lecturers will provide specific outcomes directly to students via email within 2 working days. The lecturer reserves the right to refuse late applications.
A copy of the email or other written communication of an extension must be attached to the assignment submission.
Refer to the Faculty Special consideration webpage or further details and to access application forms: http://www.infotech.monash.edu.au/resources/student/equity/special-consideration.html
Assignments received after the due date will be subject to a penalty of 5% per day, including weekends. Assignments received later than one week (seven days) after the due date will not normally be accepted. In some cases, this period may be shorter if there is a need to release sample solutions.
This policy is strict because comments or guidance will be given on assignments as they are returned, and sample solutions may also be published and distributed, after assignment marking or with the returned assignment.
Students can expect assignments to be returned within two weeks of the submission date or after receipt, whichever is later.
Please visit the following URL: http://www.infotech.monash.edu.au/units/appendix.html for further information about: