ALHOSN University Catalogue Global Knowledge with Local Vision ...

IND 460 Product Design and Development (3 = 2 + 1)
Prerequisites: IND 212, IND 305
The ability to develop new products and bring them successfully to the highly competitive and paced market is a
critical capability for all companies nowadays. This course covers modern tools and methods for product design
and development. Topics include identifying customer needs, concept generation, product architecture,
industrial design, design-for manufacturing, and intellectual property.
IND 462 Statistical Models and Design of Experiments (3 = 3 + 0)
Prerequisite: FES 203
Descriptive and Inferential Statistics, Data Representation, Probability Theory and Random Distributions, Point
and Interval Estimations, Hypothesis Testing, Analysis of Variance, Randomized Blocks, Latin Squares and
Related Designs, Incomplete Block Designs, Factorial Designs, Fractional Factorial Designs, Regression Analysis
and Goodness of Fit Tests, Response Surface Methods, Taguchi Methods - Loss Function and Optimization.
IND 471 E-Commerce (3 = 0 + 3)
Prerequisite: IND 314
This course focuses on the evolution of electronic commerce where business is conducted between organizations
and individuals relying primarily on digital media and transmission. Participants investigate the opportunities and
challenges of exchanging goods and services over communications networks as well as the manner in which
relationships are being reshaped. New forms of business arrangements are also examined. Course activities are
designed to provide both managerial and entrepreneurial assessments of anticipated advances in information
technology with respect to business systems and electronic markets.
IND 472 Logistics and Supply Chain Management (3 = 3 + 0)
Co-requisite: IND 401
This course examines logistics systems that support the physical supply of raw and semi-finished materials to
a firm, the planning and control of operations, and the delivery of the products or services up to the final
customers, with the objective of achieving a sustainable competitive advantage and optimizing the value and the
long-term performance of the firm and the supply chain as a whole. The focus will be on the design, planning,
organization and control of the associated activities. The following topics will be covered: supply chain
structure, objectives and evaluation drivers and metrics, network design and facility location in a supply chain,
demand and sales forecasting, aggregate planning, planning and managing inventory in a supply chain
transportation operations, sourcing and procurement, pricing, and information technologies in supply chain
management.
IND 473 Financial Engineering (3 = 3 + 0)
Prerequisite: IND 301
Financial Engineering is the tailoring of cash flows over time to be as desirable as possible. This involves the
scientific design of financial products which are traded in the financial markets. This course aims to introduce
students to the investment process and financial markets, and explain how Financial Engineering is applied to
structure an important class of financial securities. Specifically, the course will focus on pricing and portfolio
composition of fixed-income securities (e.g. bonds) involving “deterministic” cash flows and financial
instruments modeled as single- period random cash flows (e.g. stocks). The course will also provide the students
with a good exposure to areas such as mathematical modeling, optimization, probability, and, more generally, to
finance, and operations research.
IND 475 Safety Engineering (3 = 3 + 0)
Prerequisites: FES 203, FES 230
Occupational safety engineering and management with emphasis on control of hazardous materials, safety
considerations in production facility design and maintenance, operation of effective safety programs, and systems
safety analysis techniques.
Faculty and Teaching Staff for Industrial Engineering are listed after Mechanical Engineering.
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