Basic Decision Analytics
Enrol
3 days
In-Person or Online
UNSW Canberra City Campus
$3135.00
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Overview
This course will be run as a live simulcast online course presented through Microsoft Teams. You'll need to use Excel 2016 or later during this course.
Decision analytics refers to a systematic, quantitative, iterative and interactive approach to addressing and evaluating important decision choices confronted by organisations in the private and public sectors. This short course on spreadsheet-based decision analytics is designed to provide a basic understanding of the principles and practices of decision analytics, to introduce several decision-making tools for analysing complex decision problem environments, and for making appropriate decisions within that environment, and to strengthen the individual’s decision-making skills.
Course content
This course addresses well-structured decision analytics problems using spreadsheets and the concepts of analytics, and introduces a few basic decision analytics tools such as linear program and integer program for practical decision making. Examples of a wide variety of problems that can be solved using an Add-in to Excel (Solver) are covered. Problems involving product mix, capital budgeting, transportation, assignment and networks, to name a few, are presented. Sensitivity analysis is also be discussed in detail.
Learning outcomes
Skills/competencies/knowledge that would be gained through this course:
- UNSW Canberra certificate of completion/attendance
- Masters credit: UNSW Canberra allows students who have successfully completed a minimum of 12 days of approved professional education short courses to use those courses as credit in eligible postgraduate programs.
Who should attend
The course is valuable for anyone faced with complex and continually changing decision problems in public or private sector organisations or communities.
Facilitator
Professor Ruhul A. Sarker
Professor Ruhul A. Sarker obtained his PhD in Operations Research from Dalhousie University (former TUNS), Halifax, Canada, in 1992. He is currently a Professor in the School of Engineering & IT, coordinator of the Master of Decision Analytics program in the school, and the Director of Faculty Postgraduate Research at UNSW Canberra (located at ADFA). He was the Deputy Head of School (Research) from 2011–2014. Prof. Sarker’s broad teaching and research interests include decision analytics, computational intelligence, operations research and applied optimisation. He's the lead author of the book Optimization Modelling: A Practical Approach, Taylor & Francis /CRC Press, Boca Raton. Prof. Sarker has successfully obtained more than $1.5 million in external research grants. He was a member of the national executive committee of the Australian Society for Operations Research (ASOR) and Editor-in-Chief of ASOR Bulletin from 2000–2011. As recognition of Prof. Sarker’s contributions to ASOR and Operations Research, ASOR awarded him an ASOR Medal (2011) and Special Service Certificate (2009). Currently, he is an Associate Editor of three international journals.
Cancellation policy
Courses will be held subject to sufficient registrations. UNSW Canberra reserves the right to cancel a course up to five working days prior to commencement of the course. If a course is cancelled, you will have the opportunity to transfer your registration or be issued a full refund. If registrant cancels within 10 days of course commencement, a 50% registration fee will apply. UNSW Canberra is a registered ACT provider under ESOS Act 2000-CRICOS provider Code 00098G.