UNIT INFORMATION

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MAT3352 Decision Making and Risk
SCHOOL OF ENGINEERING
Credit Points: 15
Prerequisites:
MAT1114 Introductory Statistics
or
BES1200 Business Knowledge Development
and
MAT2251 Optimisation and Networks
MAT2251 Optimisation and Networks
 
Description:
This unit examines stochastic techniques frequently used in management decision making and planning. Topics include, simulation, game theory, decision analysis and applications of Markov processes. Extensive use will be made of computer packages as well as case studies related to planning and business.

Full Unit Outline

This Unit is part of the following Courses / Unit Sets
K23Bachelor of Arts (Education) Bachelor of Science
K01Bachelor of Science (Applied Mathematics and Statistics)
U41Graduate Diploma of Science (Mathematics)
MAAADQMathematics Major
MAAAEEMathematics Major
MIAAEEMathematics Minor
SMAAAJMathematics 10 Unit Supporting Major
MAAABKProject Development Major
MAAACRProject Development and Management Major
 
 
Disability Standards for Education (Commonwealth 2005)
For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes, Graduate Attributes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Student Equity, Diversity and Disability Service website:
http://intranet.ecu.edu.au/student/support/student-equity

Last Updated - Higher Education: 31/03/2010 VET: 31/03/2010