Princeton ORF 467 - Course Description (3 pages)

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Course Description



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Course Description

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Lecture Notes


Pages:
3
School:
Princeton University
Course:
Orf 467 - Spec Tpc in Operations Research Fin Engr: Stochastic Methods for Quantitative Finance

Unformatted text preview:

Course Description Orf 467 Transportation Systems Planning and Analysis v1 0 Fall 2008 2009 Professor Alain L Kornhauser Class Hours Mon Wed 1 30 2 50 pm Location 109 Friend Office 229 ORFE bldg email alaink princeton edu Tel 609 258 4657 Course Requirements bi weekly assignments tenth week exams Term project due at end of Reading Period Class participation of final grade 30 30 30 10 Course Description Studied is the transportation sector of the economy from a systems technology and planning perspective The focus is on the modeling and analytical methodologies that support regional and national long and short range capital and operations planning initiatives real time operational decision making by transportation companies and the formulation and analysis of long range public policy initiatives focused on the transportation sector of the economy The transportation sector of the economy is one in which a continuing tug of war exists between the private sector and the public sector that continually seeks a balance between private sector market forces and broad based public policy initiatives With shifting national priorities the Federal role in transportation is changing significantly The move away from strict economic regulation towards privatization while trying to continually improve a common shared transportation infrastructure creates special challenges and opportunities for this sector of the economy The heightened sensitivity of security creates new challenges Radical concepts such as value pricing private toll roads and for profit mass transportation are beginning to be seriously considered as elements of a broad transportation policy Meanwhile local issues of traffic congestion road construction and transportation related environmental issues are dominant themes of grass roots planning and policy analysis Finally global warming CAFE standards on SUVs and 147 a barrel oil may be big enough straw to finally break our back We may now be prepared to change our



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