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Unit of study_

ITLS6203: Analytic Methods for Logistics

Supply chain management, logistics, transport and infrastructure management relies on the ability to make effective decisions supported by careful and appropriate data analysis. Students undertaking this unit develop a strong understanding of the basic techniques underpinning quantitative analysis and develop highly marketable skills in spreadsheet modelling and the communication and presentation of data to support management decision making. This unit emphasises the practical aspects of quantitative analysis with computer-based workshops. Students are guided through the basic theories used in decision making, focusing on how the theories are applied in practice, drawing on real world experience in quantitative analysis. The unit covers basic statistical and data presentation techniques, spreadsheet modelling, linear optimisation methods for production and transportation applications, demand forecasting, simulation, and linear regression techniques.

Code ITLS6203
Academic unit Transport and Logistics Studies
Credit points 6
Prerequisites:
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None
Corequisites:
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None
Prohibitions:
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ITLS5200 or TPTM6495

At the completion of this unit, you should be able to:

  • LO1. Select appropriate quantitatively-based analytical approaches for supporting decision-making in global logistics and transport
  • LO2. Implement these quantitative techniques in an efficient manner using computer software
  • LO3. Communicate and interpret the outputs of quantitative analysis, identifying limitations and supporting recommendations
  • LO4. Explain methods in your own words and explain how the techniques are implemented in practice in global logistics and transport
  • LO5. Recognise and address the potential shortcomings of data and analytical approaches, issues relating to the ethics of quantitative analysis and data presentation