Semester | Spring Semester, 2021 | ||
Department | Junior Class A, Department of International Business Junior Class B, Department of International Business Senior Class A, Department of International Business Senior Class B, Department of International Business | ||
Course Name | Simulation Modeling with Business Applications | ||
Instructor | FU YEE-TIEN | ||
Credit | 3.0 | ||
Course Type | Elective | ||
Prerequisite | Economic Analysis、Economics、Intro Microeconomics、Introduction to Economics、Introduction to Economics(ENG)、Principle of Economics,Basic Statistics、Probability and Statistics for Business、Statistics |
Course Objective |
Course Description |
Course Schedule |
Please see the attached course syllabus. Thanks! Student workload expectation (學習投入時間): 3-4.5 hours of self-study per weekly class meeting of 3 hours. That is: Outside-of-class Hours (課程前後) is 3-4.5 per Weekly Class Hours (課堂講授) of 3. |
Teaching Methods |
Teaching Assistant |
TBA. |
Requirement/Grading |
Course grades will be calculated using points from each project. Our goal this term is to complete up to 6 projects. Each of the projects will have a few components, with different requirements, deadlines, and point assignments. Also, each of the 6 projects will have a peer review component. The project details may change during the course of the term. The possible projects for Spring 2019 include: “Retirement Planning” from Professor Ken Baker of Dartmouth, “Valuation of SimplexCo and ComplexCo Gold Mines” from Professor David Luenberger of Stanford, “Airlines Revenue Models” from Professor Samuel E. Bodily of Virginia, “Pro Forma Financial Forecasting” by Professor Paul M. Healy and Professor Krishna G. Palepu at Harvard Business School. |
Textbook & Reference |
The materials for the course will be: 1. Laptop/Excel. You must have and bring a Windows-based laptop to class that has Excel. Apple will not work, since you cannot run macros in Mac OS. 2. You will need simulation software. You have two available: a. Simtools by Roger Myerson, Nobel Laureate of Economics of 2007. This is an older simulation package developed by Nobel Laureate Roger Myerson. b. Academic Analytic Solver or Crystal Ball. You can download a 30-day trial from Oracle. 3. Textbooks • Required for each group of four participants: “Introduction to Management Science, 6th edition”, by Hillier and Hillier, McGraw-Hill, 2018. This is the textbook covering the basics of modelling as well as the basics of the prerequisite tools Analytic Solver. Students should read, in particular, Chapters 4, 12, and 13 of this book. • Recommended for each group of four participants: Essentials of Modern Business Statistics with Microsoft Office Excel, 7th Edition by David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran, ISBN-13: 9781337298292 | ISBN-10: 1337298298, Copyright 2018 | Published 2017 | 816 pages https://tsanghai.com.tw/book_detail.php?c=140&no=3804#p=1 https://www.cengageasia.com/TitleDetails/isbn/9781337298292 |
Urls about Course |
TBA. |
Attachment |
Syllabus of Simulation Modeling with Business Applications 109_2 2021 update compact.pdf |