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HU1001 Business Calculation and Decision Models 7.5 credits

Administer About course

Course offerings are missing for current or upcoming semesters.
Headings with content from the Course syllabus HU1001 (Autumn 2016–) are denoted with an asterisk ( )

Content and learning outcomes

Course contents

  • Business calculations and decision models, here applied in an engineering reference environment
  • Apply calculations in excel

Intended learning outcomes

After completing the course, the student should be able to:

  • Construct and solve an advanced short term calculation with some free capacity including two variables (products) and several constraints
  • Write out and implement different kinds of cost allocations methods
  • Construct models for investment decisions: Net Present Value, Annuity, and Internal Rate of Return
  • Carry out a cost variance calculation
  • Solve a computer aided linear model for optimizing, so-called Linear Programming
  • Design problems and make decisions in the form and with the help of decision matrices and decision trees
  • Divide a given company´s vision in a balanced scorecard where targets, crucial success factors and measures gives concrete meaning in daily personell activities
  • Choose and justify for when different types of calculations are appropriate

Literature and preparations

Specific prerequisites

The course ML1030, Industrial Economics and Organisation, or equivalent

Recommended prerequisites

No information inserted

Equipment

No information inserted

Literature

Andersson, Göran, Kalkyler som beslutsunderlag, 2013, ISBN 9789144080963
Andersson, Göran, Kalkyler som beslutsunderlag - övningsbok, 2013, ISBN 9789144081380

Examination and completion

If the course is discontinued, students may request to be examined during the following two academic years.

Grading scale

A, B, C, D, E, FX, F

Examination

  • LAB1 - Laboratory Work, 1.5 credits, grading scale: P, F
  • TEN1 - Written examination, 6.0 credits, grading scale: A, B, C, D, E, FX, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Other requirements for final grade

Passed examination (6 cr)
Passed laboratory work(1,5 cr)

Opportunity to complete the requirements via supplementary examination

No information inserted

Opportunity to raise an approved grade via renewed examination

No information inserted

Examiner

Profile picture Claes Hansson

Ethical approach

  • All members of a group are responsible for the group's work.
  • In any assessment, every student shall honestly disclose any help received and sources used.
  • In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

Further information

Course room in Canvas

Registered students find further information about the implementation of the course in the course room in Canvas. A link to the course room can be found under the tab Studies in the Personal menu at the start of the course.

Offered by

ITM/Production Engineering Södertälje

Main field of study

Technology

Education cycle

First cycle

Add-on studies

No information inserted