AY16/17
EG2401 Engineering Professionalism
IE3110 Simulation
IE4221 Transportation Demand Modeling and Economics
IE4243 Decision Analysis
IE3110 is the last common ISE module to take. Following which all the remaining modules are technical electives.
EG2401 Engineering Professionalism
Here is a very good and rather recent review for this module. Very detailed coverage of each of the four parts of the module.
For the most part, the module was very light in workload. There is only 5 tutorials to attend including one for the project presentation. Some work has to be done before each tutorial and a report has to be submitted as part of the project.
IE3110 Simulation
"This course introduces students to the basic concepts of discrete-event simulation systems and applying to problems that have no closed-form solutions. The course will cover modeling techniques, random number generators, discrete-event simulation approaches, simulated data analysis, simulation variance reduction techniques and state-of-the-art simulation software.
This course will enable students to analyze and develop simulation models of given problems."
This module covers most of the the content in the prescribed textbook "Discrete Event System Simulation" by Jerry Banks, up to chapter 11.
The first part of the module covers an introduction to simulation and some general concepts. With all the prerequisite modules, this part should be rather manageable. The second half of the module is more mathematical, focusing on the analysis involved in different steps of the simulation using statistical methods. Most of the statistics involved should be familiar, but there are some new content as well.
There are practices given in the form of tutorials and graded assignments and a project component. They are quite time intensive and requires heavy usage of excel. The software taught is Automod. There is some coding involved, but nothing too difficult. The software is not very simple to use as it is not fully programmable and there are many UI to familiarize to run a simulation model. Documentation is extremely poor and programs are tough to debug. Definitely a bad experience with the software.
There are practices given in the form of tutorials and graded assignments and a project component. They are quite time intensive and requires heavy usage of excel. The software taught is Automod. There is some coding involved, but nothing too difficult. The software is not very simple to use as it is not fully programmable and there are many UI to familiarize to run a simulation model. Documentation is extremely poor and programs are tough to debug. Definitely a bad experience with the software.
Besides the workload for the graded components, the content itself is not too difficult because of the many statistical modules which have been taken previously or concurrently, notably IE2110 and IE3101. However, expect a harder curve for the grading as this module is worth 5MC.
IE4221 Transportation Demand Modeling and Economics
"This module introduces the basic economics concepts and principles as useful tools in the engineering context to formulate and analyze the decision-making of stakeholders (e.g. travelers, public sectors, shippers and operators). Special characteristics of transportation problems, such as the derived demand, mobile supply, cost structure, pricing mechanism and government intervention and regulation will be emphasized and some classic transportation models, such as user equilibrium model and discrete choice model, will be introduced."
IE4221 Transportation Demand Modeling and Economics
"This module introduces the basic economics concepts and principles as useful tools in the engineering context to formulate and analyze the decision-making of stakeholders (e.g. travelers, public sectors, shippers and operators). Special characteristics of transportation problems, such as the derived demand, mobile supply, cost structure, pricing mechanism and government intervention and regulation will be emphasized and some classic transportation models, such as user equilibrium model and discrete choice model, will be introduced."
There are three main parts to the module.
The first part of the module goes over economic theories and concepts such as demand and supply, market equilibrium and utility theory. The examples given are mostly from the transportation industry given the scope of the module. It should be straightforward if you have some economics background. The mathematical models covered should also be straightforward if you have some statistical knowledge.
The second part focuses on the cost structure of firms and pricing mechanism. The concepts mostly involve optimization and some mathematical derivations to obtain optimal cost and pricing. The third part involves on studying the combined effect of firms, buyers and government intervention and regulation on the transportation economics. Much of the analysis will be done using the supply and demand curve, this part is more analytical and less mathematical.
There is a project component on the module. It is basically a self directed research onto any transportation topic. Similar to any other ISE project. I didn't felt that there was any strong learning point on the project, and it felt rather burdening as the team numbers for this class is small and some of team members are quite competitive.
The first part of the module goes over economic theories and concepts such as demand and supply, market equilibrium and utility theory. The examples given are mostly from the transportation industry given the scope of the module. It should be straightforward if you have some economics background. The mathematical models covered should also be straightforward if you have some statistical knowledge.
The second part focuses on the cost structure of firms and pricing mechanism. The concepts mostly involve optimization and some mathematical derivations to obtain optimal cost and pricing. The third part involves on studying the combined effect of firms, buyers and government intervention and regulation on the transportation economics. Much of the analysis will be done using the supply and demand curve, this part is more analytical and less mathematical.
There is a project component on the module. It is basically a self directed research onto any transportation topic. Similar to any other ISE project. I didn't felt that there was any strong learning point on the project, and it felt rather burdening as the team numbers for this class is small and some of team members are quite competitive.
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