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A course mapper by Monash Association of Coding (MAC)
Business optimisation skills
ETF5650
Synopsis
This unit complements your practical understanding of business practices by introducing quantitative techniques in optimisation. Of particular interest are those techniques designed to improve the efficiency and transparency of supply chains, retailing and operations. Topics covered include quantitative techniques for forecasting, waiting lines, process modelling, logistics, resource planning and business process performance appraisal. You will learn to apply such methods in business settings.
Sourced from the Monash Handbook 2026.
Quick facts
- Credit points
- 6
- Level
- 5
- Audience
- Postgraduate
- Type
- Coursework
- School
- Faculty of Business and Economics
- Faculty
- Department of Econometrics and Business Statistics
- Handbook year
- 2026
Prerequisites (12)
- Business statisticsETB1100
- Business and economic statisticsETC1000
- ETC5900ETC5900
- Business statisticsETF1100
- ETF5900ETF5900
- Business statisticsETM5900
- Introduction to statistical analysisETW1001
- Business information analysisFIT1006
- Services and operations managementMGF5690
- Supply chain managementMGF5961
- Introduction to statistical reasoningSCI1020
- Statistical methods for scienceSTA1010
What it unlocks
Nothing in the visible graph depends on this unit.
Offerings (1)
- First semesterCaulfield · BLD-EV
Listed in 2 areas of study
- Data analytics for businessIntermediate units
- Supply chain managementCore units