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ISOM 111
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Business Statistics |
[3-0-0:3] |
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[Previous Course Code: ISMT111] Collection, tabulation and presentation of numerical
data; concepts of probability and probability distributions;
sampling; statistical estimation and hypothesis testing;
correlation and regression analysis. |
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Exclusions: |
BISC 215, CIVL 181, MATH144, MATH 243, IEEM 151 |
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Instructor: |
Dr. Anthony CHAN |
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Class Hours: |
(L1) Tue & Thu 1200-1320 - Rm. 3008
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Textbook: |
.Fundamentals of Business Statistics, David Anderson, Cengage,
5th Ed., ISBN 9780324654257 |
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ISOM 150 |
Decisions by the Number |
[3-0-0:3] |
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Focus on deriving optimal and/or heuristic solutions on
many interesting and challenging problems that require
critical thinking, creativity, analysis, and common sense.
Cover topics in decision models, computer tools, and
data-analysis techniques that help develop such solutions. |
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Instructor: |
Dr. Ronald LAU |
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Class Hours: |
(L1) Tue &
Thu 1200-1320 - Rm. 2465 |
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Reference
Textbook: |
.1. Numbers Rule Your World: The Hidden Influence of
Probabilities and Statistics on Everything Your Do, Kaiser
Fung, McGraw Hill
2. The Flaw Averages: Why We Underestimate Risk in the Face
of Uncertainty by Sam. L. Savage, Sam L. Savage, John Wiley
& sons. Inc. |
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ISOM 161 |
Operations Management |
[3-0-0:3] |
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L1 - L8
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[Previous Course Code: ISMT161] For SB&M students only.
Production and service operations viewed from the
strategic, tactical and operational levels; capacity planning,
process selection, impact of technology, location and layout,
material and resource requirements, scheduling and quality
control. |
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Exclusions: |
ISOM162, IEEM310 |
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Prerequisite: |
ISOM111 |
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Instructor: |
Dr. Ronald LAU, Dr. Stephen SHUM, Dr. Man YU, Dr. NASIRY |
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Class Hours: |
(L1) Tue & Thu 1630-1750 - Rm.
3007
(L2) Tue & Thu 1030-1150 - Rm. 2465
(L3) Mon & Wed 1030-1150 - Rm. 2306
(L4) Mon & Wed 1200-1320 - Rm. 2306
(L5) Tue & Thu 1500-1620 - Rm. 2464
(L6) Tue & Thu 1630-1750 - Rm. 2464
(L7) Tue & Thu 1630-1750 - Rm. 2502
(L8) Tue
& Thu 1330-1450 - Rm. 2502 |
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Reference book: |
1. Operations and Process Management, Clack, Chambers,
Johnston, and Betts, 2009, Pearson
2. “Operations and Supply Management: The Core”, Jacobs
and Chase,
2008, McGraw Hill. |
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ISOM 162 |
Introduction to Operations Management |
[3-0-0:3] |
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[Previous Course Code: ISMT162] For non-SB&M students. This course covers basic
concepts and practices in production and service operations at
the strategic, tactical and operational levels. Topics include
product and process design, location and layout decisions,
material requirements, resource planning, scheduling, and
quality control. |
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Exclusions: |
ISOM161, IEEM310 |
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Instructor: |
Dr. Man YU |
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Class Hours: |
(L1) Mon &
Wed 0900-1020 - LTJ |
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ISOM 253
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A Second Course in Business Statistics
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[3-1-0:4] |
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[Previous Course Code: ISMT253] Practical application of statistics with emphasis on
regression. Analysis of business data using a statistical
package. Topics include: simple and multiple regression,
residual diagnostics and model selection, experimental design
and the analysis of variance. |
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Exclusion: |
MATH342 |
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Prerequisite: |
ISOM111 |
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Instructor: |
Dr. Anthony CHAN |
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Class Hours: |
(L1) Tue & Thu
1630-1750 - Rm. 4333
(T1) Mon 1500-1550 - Rm. 4116 |
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ISOM 271 |
Management Science
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[3-1-0:4] |
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[Previous Course Code: ISMT271] Introduction to scientific approaches to informed
decision making and technical methods for managerial problem
solving; spreadsheet modeling in Excel is used throughout; two
important frames: constrained optimization and decisions under
risk; emphases on model formulation and solution
interpretation; applications to a wide variety of management
situations. |
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Exclusion: |
IELM201 |
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Instructor: |
Dr. Hongtao ZHANG |
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Class Hours: |
(L1) Tue & Thu
1330-1450 - Rm. 4116
(T1) Fri 0930-1020 - Rm. 4116 |
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Textbook: |
Spreadsheet Modeling and Applications: Essentials of Practical
Management Science, S. Christian Albright, Cengage, 1st Ed.,
ISBN: 0534380328 |
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ISOM 352
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Statistics for Financial Risk
Management |
[3-1-0:4] |
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[Previous Course Code: ISMT352, ISMT 359K] This course provides an
introduction to financial risk management. Topics include how
to measure market risks, statistical properties of returns and
volatility, volatility modeling, Value at Risk (VaR),
RiskMetrics, historical simulation, assessing VaR methods and
stress testing. Theories will be illustrated by practical
examples in financial markets. |
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Prerequisite |
ISOM254 or a course in probability |
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Instructor: |
Dr. Yingying LI |
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Class Hours: |
(L1) Tue
& Thu 0900-1020 - Rm4505
(T1) Mon 1330-1420 - Rm. 4116 |
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ISOM 354
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Time Series Analysis and Forecasting |
[3-1-0:4] |
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[Previous Course Code: ISMT354] Review of regression and its application to
forecasting problems; moving averages, exponential smoothing,
Box-Jenkins, ARIMA models and transfer function models;
forecasts of economic, financial and business time series.
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Exclusion: |
ECON 330, MATH 348 |
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Prerequisite: |
ISOM111 |
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Instructor: |
Prof. Inchi HU |
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Class Hours: |
(L1)
Tue
& Thu 1630 -1750 - Rm.4006
(T1) Mon 1630-1720 - Rm. 3211 |
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ISOM 359D |
Statistical Analysis of Financial Data |
[3-1-0:4] |
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This course focuses on analyzing financial data using
statistical tools as well as statistical softwares (R or
S-plus). Topics to be covered include data exploration
methods, regression and time series models. Second or third
year standing preferred. |
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Prerequisite: |
ISOM111 and MATH006 |
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Instructor: |
Dr. Xinghua ZHENG |
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Class Hours: |
(L1)
Tue & Thu 1630-1750 - Rm.3006
(T1) Tue 1330-1420 - Rm. 2303 |
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ISOM 366
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Logistics Management |
[3-0-0:3] |
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L1 - L2 |
[Previous Course Code: ISMT366] Management of purchasing and distribution of goods
and services; supply management; material handling; pricing;
transportation and warehousing; customer service standards.
Second or third year standing preferred.
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Exclusion:: |
IEEM 245
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Prerequisite: |
ISOM 161
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Instructor: |
Dr. Qing LI |
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Class Hours: |
(L1) Mon
& Wed
1200-1320 - Rm. 1505
(L2) Mon & Wed 1030-1150 - Rm. 1505 |
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Textbook: |
“Business Logistics/Supply Chain Management” by R. Bailou,
Pearson, 5th Ed., ISBN: 0131492861 |
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ISOM 367
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Supply Chain Management |
[3-0-0:3] |
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[Previous Course Code: ISMT367] Single node
inventory control, supply chain network, demand management,
manufacturing and replenishment in supply chains,
information and coordination in supply chains, product
variety management. Third year standing required.
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Prerequisite: |
ISOM161
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Instructor: |
Dr. Ki Ling CHEUNG |
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Class Hours: |
(L1)
Wed & Fri 1500-1620 - Rm.2302 |
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Textbook: |
“Designing and Managing the Supply Chain, Concepts,
Strategies and Case Studies” by David Simchi-Levi, McGraw-Hill.
3rd Ed., ISBN: 9780071270977 |
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ISOM 369C |
Revenue Management |
[3-0-0:3] |
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This course focuses on how a firm should set and update
pricing and product availability decisions across its
various selling channels in order to maximize its
profitability. Through a combination of case studies,
lectures and class activities, the course will review the
main methodologies and different pricing strategies used in
different industries. The goal is for students to learn to
identify and exploit opportunities for revenue optimization
in different business contexts. |
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Prerequisite: |
ISOM161
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Instructor: |
Dr. Stephen SHUM |
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Class Hours: |
(L1)
Tue & Thu 1030-1150 - Rm.4502 |
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Textbook: |
Pricing and Revenue Optimization, Robert Philips, Stanford
Business Books, 1st Ed., ISBN: 9780804746984 |
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Reference
Book: |
Revenue Management, Robert G. Cross, Broadway Books, 1st Ed.,
ISBN: 0767900332 |
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