Archive for 2009
Market Improving?
In MGT 340 Logistics, MGT 400 Strategy, MGT420 Supply chains on October 19, 2009 at 10:58
Ton-Miles for different transport modes, US
In MGT 340 Logistics, MGT 410 Quantitative Methods, MGT420 Supply chains on October 16, 2009 at 11:50
Simulation Games
In MGT 340 Logistics, MGT420 Supply chains, Supply Chains, Transp Econ on September 21, 2009 at 11:06
Optimization in the maritime field
In MGT 410 Quantitative Methods, MGT 415 Operations, MGT420 Supply chains on September 8, 2009 at 14:04Operations Research Management Science Today – April 2009 A view from some experts of how one company is using OR to manage maritime transport.
Prize winning paper- inaccurate inventory records
In MGT 340 Logistics, MGT 410 Quantitative Methods, MGT 415 Operations, MGT420 Supply chains on August 19, 2009 at 10:20Hartman family domain Mail – [Msom-society] A few announcements – bruce@ahartman.net
3. The 2008 MSOM Best Paper Award winner is:
Retail Inventory Management When Records Are Inaccurate, M&SOM, 2008,
10(2), p 257-277, by Nicole DeHoratius, Adam Mersereau, and Linus Schrage.
ISM Transportation Group
In MGT 340 Logistics, MGT420 Supply chains, Supply Chains on July 31, 2009 at 16:13This is the working group on logistics and transportation of the Institute for Supply Management.
Logistics and Transportation Group Home Page
Automated Fulfillment
In MGT 340 Logistics, MGT 415 Operations, MGT420 Supply chains on July 3, 2009 at 11:22A video showing how the cornerstone system works.
Economic Statistics Miracle
In Uncategorized on July 2, 2009 at 12:35Woody Brock on Macroeconomics
In Uncategorized on June 11, 2009 at 11:26This material comes courtesy of Teresa Lo, a financial analyst and blogger who has a big interest technical analysis and behavioral finance.
The World According to Brock IV | InVivoAnalytics.com Sources of economic growth, and the Debt-to-GDP ratio.
Advances in Stock Picking
In MGT 340 Logistics, MGT 415 Operations, MGT420 Supply chains on May 14, 2009 at 9:34
Statistics – ANOVA
In MGT 410 Quantitative Methods on April 14, 2009 at 18:50One way anova test using excel
ANOVAs with Excel – Title
ECO 101 Exam 2 Results
In Uncategorized on April 4, 2009 at 0:33Here they are!
Stem and Leaf for Exam 2
Micro Sample Exam – ECO101
In ECO 101 Micro on March 22, 2009 at 20:30I have posted a sample Exam 2 on WebCT. Happy studying.
Make sure to ask questions next week.
MGT415 – Southwestern University C Case
In MGT 415 Operations on February 25, 2009 at 21:54We had a lot of fun today using quality tools on the data in the assigned case. Each team used a different tool. I took pictures of them on the board. Also Nakia and Ben did a nice presentation which I will post on WebCT.
Nakia and Ben
Cody, Greg and Kevin
Patty, Mikey and Brian
Jordan and Tom
Tosca, Brandon, and Regina
What’s on the exam? ECO305
In ECO305 Mgr Econ on February 22, 2009 at 13:09Remember the exam is on Wednesday. You will be asked to respond to chapters 3,4,5,6,7,8. the questions will be mostly problems of the type students did in class, stressing these concepts.
Consumer Theory indifference maps, marginal rate of substitution, budget line, optimality condition (where the consumer makes the optimal choice), substitution and income effect when prices change
Supply and Demand
Estimating Supply and Demand – Q=f(P,other prices, Income, other factors)
Elasticity – Price elasticity of demand, income elasticity of demand, cross elasticity. Elasticity and maximum revenue.
Production functions – isoquants, optimality conditions, calculating with production functions. Re3turns to scale and to a factor. Costs, cost minimization using isoquants and the budget line. Short run and long run cost curves, average cost, average variable cost, marginal cost, relations. the supply curve is the marginal cost line above the TVC line. Factor demand curves. Long run and short run costs.
Market strructure – Perfect competition, Monopoly. How do we find the firm’s optimal quantity and price under these circumstances? what happens when there is a profit under perfect competition? Oligopoly. strategic analysis with Nash equilibrium. cournot duopoly calculation. strategic games and cartels, prisoner’s dilemma, and finding solutions to strategic games by the method of iterated dominance.
Pricing with market power – single pricing (monopoly case). Higher profits througn two part tariff. Price discrimination. Segmented pricing as in Snowfish. Menu pricing, coupons, rebates.
Value Creation and Capture – Transaction costs (reducing them- the effect). Noncooperative pricing of complements, and coordination. Superior factors of production. Why does producer surplus captured by superior assets flow to the assets themselves in the long run?
Hope it helps.
ECO305 – Our First Poll
In Uncategorized on February 19, 2009 at 15:49Interesting Podcasts
In ECO 100 Macro, ECO 101 Micro on February 15, 2009 at 22:16Micro Students: Bonus points for listening and emailing me about a microeconomic point made in the discussion. It must be a micro point, not a macro one.
Paul Krugman talks with David Gergen | InVivoAnalytics.com
Micro Exam 1 Results
In Uncategorized on February 8, 2009 at 11:39
Here are the results!
Resluts of the first ECO101 Exam Spring 2009
ABS SafeNet software and modules
In MGT 335 Advanced Computing on February 6, 2009 at 12:19Safe Net is a limited suite of products for certain specific ship needs. It forms part of a broader suite of products handling many aspects of ship management and fleet management, which is available from their subsidiary ABS Nautical Systems (NS).
Fleet Management Solutions ABS Nautical Systems
All are built on the MySQL open source database. SafeNet itself seems to run on a browser, whereas the Nautical Systems (NS) modules (which cost extra) are run on windows. rather than a browser. That means in the NS modules the client PC systems probably do a lot of the business logic, rather than isolating the business logic from the user interface (the web browser).
The whole suite would comprise part of an Enterprise Resource Planning (ERP) system, specially adapted and extended for ship and fleet needs. There is much attention to international standards record keeping, and to the survey cycle and maintenance cycles. Portions are Inventory and Purchasing, Maintenance and Repair, Quality and Compliance, Crew management, Payroll, Voyage Mgt, Hull Maintenance.
While Safe Net itself is of great interest and utility to a ship operator, the entire suite is of interest to a shipping company or owner as well, and could be well used by both ship staff and corporate.
NS state that the system can be interfaced to a corporate ERP system. This probably takes custom programming, which they want to sell customers. They give some examples of interfaces they have built for customers.
It is a natural to include in our courses because MySQL is the DB system we teach in our MGT335 course.
Some interesting statistics
In ECO 101 Micro on January 27, 2009 at 10:51Here is the result of our poll yesterday in class.
We are more than two weeks into the semester.
People who have the book – 8
Downloaded the homework assignment – 9
Have a study partner – 21
Have actually worked a problem – 10
Spent 6 hours a week reading and studying Micro – 0
Good luck on the exam.
