MIS275 - Decision Analytics
| Year: | 2025 unit information |
|---|---|
| Enrolment modes: | Trimester 2: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Prerequisite: | MIS171 |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| Study commitment | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
| Scheduled learning activities - campus | 1 x 1.5 hour on-campus (livestreamed) lecture (recordings provided) and 1 x 1.5 hour on-campus seminar each week |
| Scheduled learning activities - online | 1 x 1.5 hour recorded lecture provided and 1 x 1.5 hour online seminar (recordings provided) each week |
Content
This unit focuses on quantitative decision models to improve managerial decision-making, using the insights gained from business analytics. Students will apply decision models to make decisions in the domains of finance, supply chain, production planning, resource allocation and distribution networks. Students will learn to interpret and conceptualise different real-life business scenarios as mathematical models, allowing the decision-maker to experiment with different decision inputs, and investigate the sensitivity of the outcomes.
Hurdle requirement
Hurdle requirement: Achieve at least 50% of the marks available on the end-of-unit assessment to evidence a minimum proficiency in the aligned discipline learning outcomes included in this unit.
Unit Fee Information
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.