 |
|
ISOM 1500 |
Insightful Decisions |
[3
Credits] |
|
[Previous Course Code(s): ISOM
150] The course
helps students develop better analytical and decision making
skills in approaching practical and important social and
business issues. Students will derive solutions or conclusions
that require critical thinking, creativity, quantitative
analysis, and common sense. Cover topics in decision traps,
quantitative decision models, statistical reasoning, computer
tools, data-analysis techniques, etc. and, more importantly, how
these decision analysis concepts and tools can be applied in a
broad set of social and business problems. |
| |
|
ISOM 1700 |
Critical Issues in
Business Operations |
[3
Credits] |
|
The course will focus on how business
organizations should create and sustain value for different
stakeholders in the society by designing, optimizing, and
improving the operations. Successful businesses have
demonstrated their sustainable competitiveness by maintaining a
balanced view of economic prosperity, environmental stewardship,
and social responsibility. This course will also examine how
the changing perspectives of stakeholders (like government and
consumers) affect the business decisions and operations. |
| |
| ISOM 2500 |
Business Statistics |
[3 Credits] |
|
[Previous Course Code(s): ISOM
111, ISMT 111] Collection,
tabulation and presentation of numerical data; concepts of
probability and probability distributions; sampling; statistical
estimation and hypothesis testing; correlation and regression
analysis. Exclusion(s):
LIFS 3150, CIVL 2160, MATH 2411, MATH
3423, IELM 2510 |
| |
| ISOM 2700 |
Operations Management |
[3 Credits] |
|
[Previous Course Code(s): ISOM
161, ISMT 161] For
SB&M students, and programs that designate the course as a
required/recommended elective course. 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.
Exclusion(s):
ISOM 2720, IELM 4100 |
|
| ISOM 2720 |
Introduction to Operations
Management |
[3 Credits] |
|
[Previous Course Code(s): ISOM
162, ISMT 162] 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. Exclusion(s):
ISOM 2700, IELM 4100 |
| ISOM 3530 |
A Second Course in Business
Statistics |
[4 Credits] |
|
[Previous Course Code(s): ISOM
253, ISMT 253] 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.
Exclusion(s):
MATH 3424
Prerequisite(s):
ISOM 2500 or MATH 2411 |
| ISOM 3540 |
Introduction to Probability Models |
[3 Credits] |
| [Previous Course
Code(s): ISOM 254, ISMT 254] Probabilities,
random variables, distribution functions, densities, expected
values, conditional distributions and densities, conditional
expectations, moment generating functions, Chebyshev's
inequality, central limit theorem, and Poisson processes.
Exclusion(s):
MATH 2421, MATH 3425
Prerequisite(s):
ISOM 2500 or MATH 2411 |
|
| ISOM 3710 |
Management Science |
[4 Credits] |
|
[Previous Course Code(s): ISOM
271, ISMT 271] 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.
Exclusion(s):
IELM 3010 |
| ISOM 3730 |
Quality and Process Management |
[4 Credits] |
|
[Previous Course Code(s): ISOM
263, ISMT 263] Concepts
and strategic importance of quality, organizational aspects,
total quality control, quality and productivity improvement
programs, quality costs and economics. Applications in
industrial and service sectors. Second or third year standing
preferred. Exclusion(s):
IELM 3270 |
| ISOM 3740 |
Service Management |
[3 Credits] |
|
[Previous Course Code(s): ISOM
363, ISMT 363] Design
and implementation of service strategies, service products and
delivery systems; concepts and tools for effective management of
service organizations. Prerequisite(s):
ISOM 2700
|
| ISOM 3760 |
Logistics Management |
[3 Credits] |
|
[Previous Course Code(s): ISOM
366, ISMT 366] 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. Exclusion(s):
IELM 3450
Prerequisite(s):
ISOM 2700 |
| ISOM 4520 |
Statistics for Financial Risk
Management |
[4 Credits] |
|
[Previous Course Code(s): ISOM
352, ISMT 352] 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), Risk Metrics, historical simulation, assessing
VaR methods and stress testing. Theories will be illustrated by
practical examples in financial markets.
Prerequisite(s):
ISOM 3540 (Note: Students who have
sufficient background in probability but without pre-requisite
may enroll in the course upon approval by the instructor) |
| ISOM 4540 |
Time Series Analysis and
Forecasting |
[4 Credits] |
|
[Previous Course Code(s): ISOM
354, ISMT 354] 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.
Exclusion(s): ECON 4304, MATH
4425 Prerequisite(s):
ISOM 2500 or MATH 2411 |
| |
| ISOM 4550 |
Bayesian Statistics |
[3
Credits]
|
|
[Previous Course Code(s): ISOM
355, ISMT 355] Probabilities
and conditional probabilities; distributions and conditional
distributions; prior and posterior distributions; conjugate
families of prior distributions; interval estimations and
testing hypotheses; approximate posterior inference. Second and
third year standing preferred.
Prerequisite(s): ISOM 3540 or
MATH 2421 |
| ISOM 4580 |
Elementary Sampling Methods |
[3
Credits]
|
|
[Previous Course Code(s): ISOM
358, ISMT 358] Simple
random sampling, stratified random sampling, ratio and
regression estimates, cluster sampling, estimation of sample
size, systematic sampling, designing a questionnaire,
emphasizing the practical aspects of a sample survey.
Exclusion(s):
MATH 3426
Prerequisite(s):
ISOM 2500 |
| |
|
|
| ISOM 4590 |
Special Topics in Statistics |
[0-4
Credit(s)]
|
|
[Previous Course Code(s):
ISOM 359, ISMT 359] Current
topics in statistics.
|
| ISOM 4650 |
Statistical Consulting |
[3
Credits]
|
|
[Previous Course Code(s): ISOM
385, ISMT 385] Study
of real statistical problems that appear in applications of
statistics in business, science and technology; enhancing
communication and quantitative skills, technical report writing,
presentation and SAS programming with real case studies. Second
or third year standing preferred. |
| ISOM 4690 |
Independent Study in Business
Statistics |
[1-4
Credit(s)]
|
|
[Previous Course Code(s): ISOM
396] Faculty
directed independent study on selected topics in Business
Statistics. |
| ISOM 4720 |
Simulation in Business and
Management |
[3 Credits] |
|
[Previous Course Code(s): ISOM
372, ISMT 372] Introduction
to probabilistic models of operations management; generating
random numbers; simulating random variables and discrete event
systems; variance reduction techniques; application to risk
management, option pricing and other financial problems;
application to inventory, queuing, and manufacturing systems.
Exclusion(s):
IELM 4130
Prerequisite(s):
One of ISOM 2500, MATH 2411 or MATH
2421 |
| ISOM 4740 |
Enterprise Resource Management |
[3 Credits] |
|
[Previous Course Code(s): ISOM
364, ISMT 364] Basic
concepts and practices of enterprise resource management;
popular enterprise resource planning software packages, such as
SAP R/3 for discussing and building integrated business
solutions. Prerequisite(s):
ISOM 2700 |
| ISOM 4750 |
Business Project Management |
[3 Credits] |
|
[Previous Course Code(s): ISOM
365, ISMT 365, ISMT 369I] This
course covers basic principles and practices of business project
management. Special emphases are on project planning,
scheduling, and control while addressing both the technical and
the social aspects of managing business projects.
Prerequisite(s):
ISOM 2700 |
| ISOM 4770 |
Supply Chain Management |
[3 Credit(s)] |
|
[Previous Course Code(s): ISOM
367, ISMT 367] 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.
Prerequisite(s): ISOM 2700 |
| ISOM 4790 |
Special Topics in Operations
Management |
[0-4 Credit(s)] |
|
[Previous Course Code(s): ISOM
369, ISMT 369] Current
developments in the field of production and operations
management. |
| |
| ISOM 4810 |
OM Best Practices |
[3 Credit(s)] |
|
[Previous Course Code(s): ISOM
369A] In this
course, students shall study 12 applications in OM that have
been judged by peers as being amongst the best in recent years.
Students shall try to understand what the problem was, how it
was addressed, how it worked out and attempt to learn what
marked it as a success and how portable the practice can be. The
principle purpose is to expose students to a wide range of good
case histories in order to enhance their repertoire and
experience in OM. Prerequisite(s):
ISOM 2700 |
| |
| ISOM 4820 |
Revenue Management |
[3 Credit(s)] |
|
[Previous Course Code(s): ISOM
369C] 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.
Prerequisite(s): ISOM 2700 |
| |
| ISOM 4880 |
Operations Management Project |
[3 Credit(s)] |
|
[Previous Course Code(s): ISOM
388, ISOM 369B] This
course is offered to those students who are interested in
applying what they have learned in other OM courses to solve
real business problems for a sponsoring corporation.
Recommendation and/or implementation of solutions will be made
through the use of operations management concepts, techniques,
and tools. Students will work as a group and be supervised by
faculty members. Enrollment in this course requires the approval
of course instructor. |
| |
| ISOM 4890 |
Independent Study in Operations
Management |
[1-4 Credit(s)] |
|
[Previous Course Code(s): ISOM
394] Faculty
directed independent study on selected topics in operations
management. |
| |
Updated on
25 April 2012
|
|
