2011–2012 UNIVERSITY CATALOG - Florida Institute of Technology
2011–2012 UNIVERSITY CATALOG - Florida Institute of Technology
2011–2012 UNIVERSITY CATALOG - Florida Institute of Technology
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ORP 5026 STOCHASTIC ANALYSIS OF FINANCIAL MARKETS 2<br />
(3 credits). Offers multidimensional stochastics applied to financial markets.<br />
Continues with multivariate Ito processes and multidimensional Feynman-Kac<br />
theorems, hedging <strong>of</strong> American and exotic call options and forward exchange rates.<br />
Introduces time-sensitive analysis <strong>of</strong> stocks, and risk theory. Prerequisites: MTH 5435<br />
or ORP 5025.<br />
ORP 5030 DECISION ANALYSIS (3 credits). Covers normative models <strong>of</strong> decisions<br />
under certainty, risk and uncertainty; assessment <strong>of</strong> subjective probability and<br />
utility functions; Bayesian decision analysis and the value <strong>of</strong> information; influence<br />
diagrams; and descriptive aspects <strong>of</strong> decision making. (Requirement: Undergraduate<br />
statistics course.)<br />
ORP 5031 MULTIOBJECTIVE DECISION ANALYSIS (3 credits). Covers<br />
normative models <strong>of</strong> decisions considering multiobjective and multiattribute models.<br />
Includes multiattribute utility theory, the analytical hierarchy process, linear multiobjective<br />
programming and goal programming. Prerequisites: ORP 5001, ORP 5030.<br />
ORP 5040 QUALITY ASSURANCE (3 credits). Covers the principles and<br />
application <strong>of</strong> statistical quality control and statistical process control. (Requirement:<br />
Undergraduate statistics course.)<br />
ORP 5041 RELIABILITY ANALYSIS (3 credits). Covers the principles <strong>of</strong><br />
reliability analysis and assessment; reliability probability models; combinatorial and<br />
system reliability; and reliability estimation. (Requirement: Instructor approval or<br />
prerequisite course.) Prerequisites: MTH 5411.<br />
ORP 5042 RELIABILITY, AVAILABILITY AND MAINTAINABILITY<br />
(3 credits). Discusses maintainability concepts relating to system effectiveness and<br />
support-system design. Includes basic mathematical concepts, design concepts and<br />
data analysis used in quantifying availability, maintainability and reliability as measures<br />
<strong>of</strong> operational readiness and system effectiveness. Prerequisites: ORP 5041.<br />
ORP 5050 DISCRETE SYSTEM SIMULATION (3 credits). Covers the<br />
principles <strong>of</strong> building and using a discrete event simulation; construction and<br />
statistical testing <strong>of</strong> random variate generators; statistical analysis and validation <strong>of</strong><br />
results; design <strong>of</strong> simulation projects; and variance reduction methods. (Requirement:<br />
Instructor approval or prerequisite course.) Prerequisites: MTH 5411.<br />
ORP 5051 APPLIED EXPERT SYSTEMS (3 credits). Covers the concepts and<br />
methods <strong>of</strong> rule-based expert systems; methods <strong>of</strong> knowledge representation; and use<br />
<strong>of</strong> an expert system shell to build a small expert system. Noncredit for CS majors.<br />
ORP 5070 SEQUENCING AND SCHEDULING (3 credits). Bridges the gap<br />
between scheduling theory and its application in manufacturing and service environments.<br />
Emphasizes basic scheduling principles and uses selected readings and case<br />
studies to illustrate the use <strong>of</strong> these concepts in industrial environments.<br />
ORP 5090 SPECIAL TOPICS IN OPERATIONS RESEARCH 1 (3 credits).<br />
Content variable depending on the fields <strong>of</strong> expertise <strong>of</strong> the faculty and the desire and<br />
needs <strong>of</strong> the students.<br />
ORP 5091 SPECIAL TOPICS IN OPERATIONS RESEARCH 2 (3 credits).<br />
Content variable depending on the fields <strong>of</strong> expertise <strong>of</strong> the faculty and the desire and<br />
needs <strong>of</strong> the students. Prerequisites: ORP 5090.<br />
ORP 5899 FINAL SEMESTER THESIS (0-2 credits). Variable registration<br />
for thesis completion after satisfaction <strong>of</strong> minimum registration requirements.<br />
(Requirements: Accepted petition to graduate and approval by Office <strong>of</strong> Graduate<br />
Programs.)<br />
ORP 5999 THESIS RESEARCH (3-6 credits). Individual research under the<br />
direction <strong>of</strong> a major adviser approved by the chair <strong>of</strong> the program. A maximum <strong>of</strong> six<br />
credits may be credited toward the master’s degree.<br />
ORP 6010 ADVANCED TOPICS IN MATHEMATICAL PROGRAMMING<br />
(3 credits). Overviews selected topics in the theory <strong>of</strong> optimization. Unifies much<br />
<strong>of</strong> the field by use <strong>of</strong> a few principles <strong>of</strong> linear vector space theory. The concepts <strong>of</strong><br />
distance, orthogonality and convexity play fundamental roles in this development.<br />
Prerequisites: MTH 5101, MTH 5102, ORP 5010.<br />
ORP 6030 ADVANCED TOPICS IN DECISION MODELS (3 credits).<br />
Discusses current methods and research in decision analysis. May include large-scale<br />
multicriteria decision analysis, behavioral analysis <strong>of</strong> decision making, methods <strong>of</strong><br />
uncertainty representation and decision making in the public domain. (Requirement:<br />
Instructor approval or prerequisite course.) Prerequisites: ORP 5031.<br />
ORP 6095 PREPARATION FOR CANDIDACY/OPERATIONS RESEARCH<br />
(1-6 credits). Research under the guidance <strong>of</strong> a member <strong>of</strong> the operations<br />
research faculty in a selected area <strong>of</strong> operations research. Repeatable as required.<br />
(Requirement: Program chair approval.)<br />
ORP 6899 FINAL SEMESTER DISSERTATION (0-2 credits). Variable<br />
registration for dissertation completion after satisfaction <strong>of</strong> minimum registration<br />
requirements. (Requirements: Accepted candidacy and approval by Office <strong>of</strong> Graduate<br />
Programs.)<br />
ORP 6999 DISSERTATION RESEARCH (3-12 credits). Research and preparation<br />
for the doctoral dissertation. (Requirement: Admission to doctoral candidacy.)<br />
PHYSICAL EDUCATION<br />
PED 1020 INTRODUCTION TO SAILING (1 credit). Introduces sailing small<br />
boats, and acquaints beginners with boat and sail forms and racing.<br />
PED 1021 ADVANCED SAILING (1 credit). Examines advanced techniques <strong>of</strong><br />
racing, spinnaker setting and seamanship. Prerequisites: PED 1020.<br />
PED 1035 INTRODUCTION TO ARCHERY (1 credit). Emphasizes target<br />
shooting with information about its history, shooting techniques, equipment and<br />
safety.<br />
PED 1046 INTRODUCTION TO WEIGHTLIFTING (1 credit). Provides a<br />
source <strong>of</strong> information about safe and reliable habits <strong>of</strong> weight training to help the<br />
student plan a personalized fitness program.<br />
PED 1050 INTRODUCTION TO FENCING (1 credit). Introduces the fundamentals<br />
<strong>of</strong> fencing, including the basic elements <strong>of</strong> footwork, attack and defense.<br />
PED 1060 INTRODUCTION TO TENNIS (1 credit). Develops basic tennis<br />
skills. Includes performance and the application <strong>of</strong> basic skills, rules and etiquette.<br />
PED 1062 ADVANCED TENNIS (1 credit). Develops advanced tennis skills.<br />
Includes study <strong>of</strong> performance and the application <strong>of</strong> advanced skills, rules and<br />
etiquette.<br />
PED 1070 INTRODUCTION TO TEAM SPORTS (1 credit). Introduces the<br />
history, basic skill techniques, rules, terminology and participation in team sports.<br />
Includes volleyball, soccer, s<strong>of</strong>tball, basketball, flag football, badminton and ultimate<br />
frisbee. Also focuses on the five components <strong>of</strong> health-related fitness.<br />
PED 1080 INTRODUCTION TO GOLF (1 credit). Designed for beginning<br />
golfers. Teaches the fundamentals <strong>of</strong> golf. Emphasizes stance, swing and grip <strong>of</strong> the<br />
various clubs (wood, iron and putters). Also studies rules, strategy and scoring.<br />
PED 1081 ADVANCED GOLF (1 credit). Emphasizes course play and stroke<br />
refinement.<br />
PED 1090 INTRODUCTION TO KARATE (1 credit). Teaches the basics <strong>of</strong><br />
Korean Karate (Tang Soo Do), including basic hand technique, foot technique,<br />
noncontact sparring and philosophy, emphasizing self-defense.<br />
PED 1091 ADVANCED KARATE (1 credit). Advanced training in hand technique,<br />
foot technique and self-defense. Emphasizes mental aspects and defense<br />
against weapons, as well as board-breaking.<br />
PED 1154 INTRODUCTION TO OPEN-WATER DIVING (.5 credits). An<br />
introductory certification course in scuba diving that includes studies in diving<br />
physics, physiology, environment and dive safety.<br />
PED 1155 ADVANCED OPEN-WATER DIVING (.5 credits). A continuing education<br />
certification course for certified divers. Includes compass and natural navigation,<br />
search and recovery, spring, drift and deep diving. Prerequisites: PED 1154.<br />
PED 1160 INTERCOLLEGIATE ATHLETICS (1 credit). Meets the breadth<br />
requirement for participants in any approved intercollegiate varsity team sport.<br />
Requires participation as athlete or athletics trainer for a full season <strong>of</strong> the sport. Also<br />
requires a sports journal and completion <strong>of</strong> the Intercollegiate Athletics Participation<br />
form (IAP). Should be taken during semester covering end <strong>of</strong> season.<br />
PED 2160 COACHING THEORY (3 credits). Introduces the theory and applied<br />
practice <strong>of</strong> athletics coaching for prospective athletics coaches and physical education<br />
teachers. Identifies characteristics and motivations associated with athletes,<br />
components <strong>of</strong> character development, and the risk and effects <strong>of</strong> drug use, especially<br />
performance enhancing drugs. (Requirement: Sophomore standing.)<br />
PED 2161 CARE AND PREVENTION OF ATHLETICS INJURIES (3 credits).<br />
Studies the procedures involved in the prevention <strong>of</strong> athletics injuries. Includes the<br />
effects and dangers <strong>of</strong> drug use, especially as they relate to performance enhancing<br />
drugs. Focuses on the coach’s role in limiting the potential for injury. Emphasizes the<br />
recognition, care and treatment <strong>of</strong> injuries. Requires completion <strong>of</strong> CPR certification.<br />
(Requirement: Sophomore standing.)<br />
PED 3160 THEORY AND PRACTICE OF COACHING BASKETBALL<br />
(2 credits). Prepares future basketball coaches with the knowledge, techniques and<br />
skills required to be successful. Emphasizes the development <strong>of</strong> proper training programs<br />
and specific game strategy. Includes the history <strong>of</strong> the game <strong>of</strong> basketball and<br />
the development and implementation <strong>of</strong> designed plays. Prerequisites: PED 2160.<br />
PED 3161 THEORY AND PRACTICE OF COACHING SOCCER (2 credits).<br />
Prepares future soccer coaches with the knowledge, techniques and skills required to<br />
be successful. Emphasizes the development <strong>of</strong> proper training programs and specific<br />
game strategy. Includes the history <strong>of</strong> the game <strong>of</strong> soccer and the development and<br />
implementation <strong>of</strong> designed plays. Prerequisites: PED 2160.<br />
Course Descriptions 267