Comparison between Structures and materials of MSc Intelligent systems and robotics

  1. DMU (http://www.dmu.ac.uk/study/courses/postgraduate-courses/intelligent-systems-and-robotics/intelligent-systems-and-robotics-msc-degree.aspx)
    1. Modules
      1. Computational Intelligence Research Methods
      2. Artificial Intelligence (AI) Programming
      3. Mobile Robots
      4. Fuzzy Logic
      5. Artificial Neural Networks
      6. Computational Intelligence Optimisation (CIO)
      7. Applied Computational Intelligence
        1.  knowledge-based systems
      8. Intelligent Mobile Robots
      9. Individual Project
    2. DMU’s Centre for Computational Intelligence (CCI)
    3. Application Statements
      1. Structures and contents
  2. University of Essex (https://www.essex.ac.uk/courses/pg00627/1/msc-intelligent-systems-and-robotics)
    1. Modules
      1. Computer Vision (https://www1.essex.ac.uk/modules/Default.aspx?coursecode=CE866&year=CE866)
      2. Intelligent Systems and Robotics (https://www1.essex.ac.uk/modules/Default.aspx?coursecode=CE801&year=CE801)
      3. Machine Learning and Data Mining (https://www1.essex.ac.uk/modules/Default.aspx?coursecode=CE802&level=7&period=AU&campus=CO&year=17)
      4. Professional Practice and Research Methodology
      5. Programming Embedded Systems (https://www1.essex.ac.uk/modules/Default.aspx?coursecode=CE865&year=CE865)
      6. Neural Networks and Deep Learning (https://www1.essex.ac.uk/modules/Default.aspx?coursecode=CE889&year=CE889)
      7. Creating and Growing a New Business Venture (https://www1.essex.ac.uk/modules/Default.aspx?coursecode=BE244&year=BE244)
      8. Electronic System Design and Integration (https://www1.essex.ac.uk/modules/Default.aspx?coursecode=CE721&year=CE721)
      9. Game Design (https://www1.essex.ac.uk/modules/Default.aspx?coursecode=CE810&year=CE810)
      10. Physics-Based Games (https://www1.essex.ac.uk/modules/Default.aspx?coursecode=CE812&year=CE812)
      11. Game Artificial Intelligence (https://www1.essex.ac.uk/modules/Default.aspx?coursecode=CE811&year=CE811)
      12. Data Science and Decision Making (https://www1.essex.ac.uk/modules/Default.aspx?coursecode=CE888&year=CE888)
  3. University of Manchester (http://www.manchester.ac.uk/study/masters/courses/list/08342/msc-acs-artificial-intelligence/course-details/#course-profile)
    1. MSc ACS: Artificial Intelligence – Modules
      1. Automated Reasoning and Verification
        1. Course outline
        2. Reading list
      2. Modelling Data on the Web
        1. Course outline
        2. Reading list
      3. Principles of Digital Biology
        1. Course outline
        2. Reading list
      4. Introduction to Health Informatics
        1. Course outline
        2. Reading list
      5. Parallel Programs and their Performance
        1. Course outline
        2. Reading list
      6. Designing for Parallelism and Future Multi-core Computing
        1. Course outline
        2. Reading list
      7. Data Engineering
        1. Course outline
        2. Reading list
      8. IT Governance
        1. Course outline
        2. Reading list
Comparison between Structures and materials of MSc Intelligent systems and robotics

ACCT6004 – BA – Mid Term prepration

  1. 24Feb, 17-18:30pm, FTC1406 (Fortress Tower, 250 King’s Rd, Exit B, FH MTR)
  2. Contents of Mid-term
    1. Scope: Lecture 1 to Lecture 5
    2. 90 minutes
    3. Five multiple choices questions (needs review notes)
      1. Terms and definitions
        1. Assets / Liability / Equity (Net Assets)
        2. Sum of Digits” in calculating depreciation
      2. L5 lecture note – M.C. exercises – Straight forward
    4. Four Long questions
      1. Concepts
        1. Definitions and samples of
          1. Going Concern (1/2/)
          2. Accruals (1/2/)
          3. Prudent (1/2/)
          4. Relevant (1/2/)
        2. Disadvantages and Advantages of Historic cost accounting (HCA) (1/2/)
        3. Differences between:
          1. Capital expenditure and Revenue expenditure
          2. Bad and Doubtful debts
          3. Revenue and Gains
          4. Periodic and Perpetual Inventory System
      2. prepare income statement and balance sheet for sole trader accounts (30%) (start from page 13 of lecture 5 notes)
        1. L5 – Activity 6 + Activity 7
        2. In 45 minutes
        3. common problem, spend too much time to match 
      3. PPE AND re-evaluation (18%) (5 minutes – Give works of progress if there is time) (Assignment 1)
        1. Why do we need to calculate depreciation? Cost allocation
        2. Pro-rata depreciation basis
        3. Net book value of years required
          1. Straight-line
          2. Reducing balance
        4. Gain / Loss on Disposal
      4. Receivables, Bad debt, doubtful debt and inventory
        1. Receivables, Bad debt and doubtful debt
          1. Provisions for doubtful debt (refer to Activity 1 and 2 of L4)
        2. Concepts of Inventory
          1. What is NRV?
          2. What is the concept of lower of cost of NRV?
  3. Objectives
    1. Practise, practise and practise.
    2. Go thru all lecture materials twice
    3. Go thru all lecture activities Six times
    4. Activity 7 of lecture 5 is similar to the level of mid-term exam, should practise until be able to finish it within 45 minutes;
  4. Requirements
    1. Go thru all notes (A-1X -1D) (B-2X – 2D)
    2. notes taking for emphasized (3-5 stars) (C-1D; D-1D, E-1D, F-1D)
    3. notes taking for exam questions
    4. Memorized definitions required
    5. Go thru exam-liked Activities with time logging (at least 6 times)
    6. Calculation practising
  5. Contents
    1. A-1D (18-19Feb)
      1. Contents
        1. L1
          1. Objectives
            1. What is accounting?
              1. recording accounting data,
              2. classifying and summarizing the transaction to a company’s performance and financial position;
              3. communicating economic information;
              4. primary objective / purpose: to ***provide information for decision-making;
              5. Four financial statements
                1. Statement of Financial Position
                2. Statement of Profit or Loss and Other Comprehensive Income
                3. Statement of Cash Flow
                4. Statement of Changes in Equity
              6. Ways of business organization
                1. Sole Proprietorship
                  1. owned by one person with or without employees
                  2. Unlimited liability whose owner is personally liable for any obligation of the business entity;
                2. Partnership
                3. Corporation / Limited companies
                  1. limited liability
                  2. ownership and management may be separated
                4. Club
            2. Conceptual Framework of Financial Reporting
              1. The need for a conceptual framework
                1. provides concepts, principles and rules to prepare and present financial statements are known as Generally Accepted Accounting Principles (GAAP);
                2. Four types of users
                3. Ensure consistency and comparability
                4. Common accounting conventions
                  1. Business entity concept:
                  2. Double entry (Duality)
                  3. Historical cost
                  4. Materiality
                  5. Going concern
                  6. Accrual (matching) concept
                  7. Prudence
                  8. Consistency
              2. Underlying assumptions
                1. accrual basis
                2. going concern basis
              3. Qualitative characteristics of financial statements
                1. Fundamental Qualitative Characteristics – Useful to users
                  1. **Relevant financial information
                    1. making a different in the decisions made by users
                      1. predictive value: enable users to evaluate the past, present or future events;
                      2. confirmatory value: to confirm the past evaluations and assessments;
                    2. provided in time to influence the decisions
                    3. Materiality has a direct impact on the relevance of information; materiality is an entity-specific aspect of relevance based on the nature or magnitude, or both;
                  2. **Faithfully Representation
                    1. information must faithfully represent the effects of transactions and other events;
                    2. accounted for and presented in accordance with their substance and economic reality, not merely their legal form (substance over form);
                    3. Three characteristics
                      1. Completeness: must contain all necessary descriptions and explanations
                      2. Neutrality: free from bias
                      3. Free from error: free from material error
                2. Enhancing Qualitative Characteristics
                  1. Comparability
                    1. enable user to compare the info through time;
                    2. consistency and disclosure are required
                  2. Verifiability
                    1. different knowledgeable and independent observers could reach consensus;
                    2. direct verification: thru direct observation
                    3. indirect verification: checking the inputs and recalculating the outputs using the same approach, eg. inventory check
                  3. Timeliness
                    1. having information available to decision-makers in time to be capable of influencing their decisions
                  4. Understandability
                    1. presented in a way that is readily understood by users who are assumed to have reasonable knowledge of business, economic activities and accounting;
                3. Limits to relevant and reliable info
                  1. balance between qualitative characteristics
                  2. timeliness
                  3. benefit must outweigh cost
                4. True and fair view
                  1. compliance with accounting standards and the Framework will help to achieve them;
              4. Elements of financial statements
                1. Assets
                2. Liabilities
                3. Equity
                4. Format of Income Statement
                5. Format of Balance Sheet
              5. Recognition and measurement of the elements of the financial statements
                1. Advantages and Disadvantages of historical cost accounting (HCA)
            3. Regulatory Framework
              1. HKFRS: HKAS & HKFRS
              2. advantages of accounting standards: consistency
              3. disadvantages of accounting standards:
                1. different companies have different operating conditions
                2. small companies may outweigh cost over benefits
          2. Exam-liked questions (need examples)
            1. Purpose of accounting? Through a process of identifying, measuring and communicating economic information to provide information for decision making;
            2. Elements of financial statements (entity-based)
              1. Assets
                1. resource controlled by the entity
                2. as a result of past events
                3. from which future economic benefits are expected to flow to the entity
              2. Liabilities
                1. a present obligation of an entity
                2. arising from past events
                3. the settlement of which is expected to result in an outflow of resources that embody economic benefits
              3. Capital
                1. residual interest  in an entity after the value of all liabilities has been deducted from the value of all its assets.
                2. It is “balance sheet value” of net assets, and does not represent market value of the equity;
              4. Assets = Liabilities + Owners’ Equity
                1. Owners’ Equity = Assets – Liabilities
              5. Differences between revenue and gains
                1. Income includes both revenue and gains
                2. Revenue – benefits income for primary business activities, eg. sales of manufactured goods
                3. Gains – income from activities other than the primary activities, eg. exchange gains
              6. Capital and Revenue Expenditure
                1. Capital expenditure – item is purchased for use in the business over a long period of time; classified as fixed asset; in balance sheet;
                2. Revenue Expenditure – expenditure which is not spending on increasing the value of fixed assets, but on running the business on a day-to-day basis; as expense in P/L;
              7. ***Historical cost accounting (HCA) 
                1. Advantages
                  1. provide objective measurement
                  2. simple and cheap
                  3. the profit concept is well understood
                  4. provide basis for comparison with other companies or same entity for previous year;
                2. Disadvantages
                  1. when there is high rate of  inflation
                    1. the carrying value of assets is lower than their current fair value
                    2. the income statement understates the “real” value of the cost of sales and so overstates the profit
                    3. no recognition of the effect of inflation on monetary items such as loans
            3. What are the users of conceptual framework? Users of conceptual framework include (1)the standards-setting bodies in developing new financial reporting standards, (2)preparers of financial statement in applying accounting standards, (3)auditors in forming opinions, (4)users who are interpreting financial statement;
            4. Common accounting conventions (ABCD HM GP)
              1. Business entity concept (B)
                1. the affairs of a business to be treated as being separated from the non-business activities of its owners;
              2. Double entry (Duality) (D)
                1. each transaction has two effects: a debit and the corresponding credit; eg. a buy-in transaction of a vehicle debit account of vehicle asset and credit cash in bank;
              3. Historical cost (H)
                1. the values of the accounts are based on the historic costs incurred, eg. PP&E stated at their historical costs;
                2. used to prepare financial statements traditionally;
              4. Materiality (M)
                1. an item is material if its non-disclosure could influence the economic decisions of users;
                2. materiality assessment is not only the amount but the nature and context;
              5. Going concern (G)
                1. assumes the company will continue in operational existence for the foreseeable future;
                2. Not used if: the business is going to close down in the near future; shortage of cash;
              6. ***Accrual (matching) concept (A)
                1. Transactions and events are recognized when they occur and they are recorded and reported in the financial statements of the periods to which they relate;
                2. for instance, a business recognize a revenue when she delivered its product;
              7. Prudence (P)
                1. Under the conditions of uncertainty, judgement must be exercised cautiously in making the estimates required, such as assets or income are not overstated and liabilities or expenses are not understated;
                2. Provisions are made for all known liabilities , expenses and losses;
                3. Prudence concept overrides that of accrual;
              8. Consistency (C)
                1. a company should be consistent in its accounting treatment of similar items;
                2. to enable comparability;
              9. Bad and Doubtful debts
                1. Bad Debt: is a trade receivable that is uncollectible;
                2. Doubtful debts: is a trade receivable that there is some doubt as to its collectibility;
              10. Perpetual and Periodic Inventory System
                1. Periodic Inventory system
                2. Perpetual Inventory system
                3. Small organizations VS medium and large organizations
                4. No update VS continuous update for movement of inventory
                5. Must stocktake VS may stocktake for inventory verification
                6. Purchases account VS Inventory account to have updated value;
              11. Inventory
                1. NRV?
                  1. Net Realizable value (NRV): estimated selling price less cost of selling;
                2. Lower cost of NRV?
                  1. Inventory should be valued at the lower of cost ; and net realizable value;
        2. L2
          1. Objectives
            1. What is accounting cycle?
            2. Record transactions in Journals
            3. The accounting equation and the balance sheet
            4. The double entry system
            5. Post Journals to Ledger Accounts
            6. Prepare a Trial Balance
            7. Prepare Financial Reports
            8. Close the Ledger
        3. L3
          1. Recording of property, plant and equipment (PP&E)
          2. Depreciation of PP&E
          3. Disposals of PP&E
          4. Revaluations of PP&E
        4. L4
          1. Balance Day Adjustments
          2. Irrecoverable debts and allowances for receivables
          3. Accruals and prepayments
        5. L5
          1. Inventories
          2. Limitations of Trial Balance
          3. Cash Discount
          4. Sole Trader accounts
    2. B-1D (19Feb)
    3. C-1D (20Feb)
    4. D-1D (21Feb)
    5. E-1D (22Feb)
    6. F-1D (23Feb)
    7. G-1D (24Feb)
  6. Results
ACCT6004 – BA – Mid Term prepration

Reading: Operations Management, 8/e, Slack, BJ & Johnston

  1. Tips
    1. Visit all links in each chapters
    2. Practise, practise and practise
    3. Remember key models and QQ analysis
    4. Research and apply own experiences
  2. Content – Summary
    1. Topic 1 – Ch1 – Operations Management
      1. Objectives
        1. What is operations management
        2. Why is OM important in all types of organizations
        3. What is the input-transformation-output process
        4. What is the process hierarchy
        5. How to operations and processes differ
        6. What do operations managers do
    2. Topic 2 – Ch6
    3. Topic 3 – Ch10
    4. Topic 4 – Ch16
    5. Topic 5 – Ch2
    6. Topic 6 – Ch3
    7. Topic 7 – Ch4
    8. Topic 8 – Ch5
    9. Topic 9 – Ch7
    10. Topic 10 – Ch8
    11. Topic 11 – Ch9
    12. Topic 12 – Ch11
    13. Topic 13- Ch12
    14. Topic 14 – Ch13
    15. Topic 15 – Ch14
    16. Topic 16 – Ch15
    17. Topic 17 – Ch17
    18. Topic 18 – Ch18
    19. Topic 19 – Ch19
  3. Content – Detailed
    1. Topic 1 – Ch1 OM
      1. Keys
        1. What is operations management
        2. Why is OM important in all types of organizations
        3. What is the input-transformation-output process
        4. What is the process hierarchy
        5. How to operations and processes differ
        6. What do operations managers do
      2. Contents
        1. OM – how organizations create and deliver services and products;
          1. uses “resources to appropriately create outputs that fulfill defined market requirements
        2. 3 Cores functions of any organization
          1. Marketing: communicating services and products to its market to generate customer requests
          2. Product / service development: coming up with new and modified services and products;
          3. Operations – core functions that create and deliver services and products; also including support functions (IT / HR / Acc…)om2
        3. OM Principle – OM is at the forefront of coping with, and exploiting developments in business and technology;
          1. OM principle – all operations produce service for their customers;
        4. Input-Output transformation
          1. Transformed resource inputs to a process are materials (transform properties of physical / location / possession), information (transform properties of status / location / possession) or customers (transform properties of accommodate / location / physiological or psychological state);
          2. Process hierarchy
            1. Process
              1. building blocks of all operations
              2. arrangement of resources or activities that transform inputs to outputs that satisfy customer needs;
              3. three levels: the process, the operation, the supply network / industry chain;
          3. OM is relevant to all parts of the business
            1. Operations
              1. creates and delivers services and products for the organizations’ external customers;
              2. management of the processes within any of the organizations’ functions;
              3. Operations and processes can reduce their costs by increasing volume, reducing variety, reducing variation and reducing visibility;
              4. OM activities will a have a significant effect on the sustainability performance of any type of enterprise;
        5. Various operational process dimension
          1. Volume of output
            1. McDonald. High volume output -> systematized and repeated tasks -> worth specialized tools -> low unit costs;
            2. Cafe. Low volume output > staff to perform wide range of tasks (rewarding) -> less open to systemization -> higher unit costs;
          2. Variety of output
            1. Taxi VS bus – flexibility
          3. Variation in the demand for their input
          4. Degree of visibility which customers have of the creation of their output (customer contact)4V in operations
        6. What do operations manager do?
          1. Direct – steering and forming strategies
          2. Design – products, services and processes
          3. Deliver – planning, controlling and improving
          4. Develop – performance
    2. Topic 2 – Ch6
    3. Topic 3 – Ch10
    4. Topic 4 – Ch16
    5. Topic 5 – Ch2
    6. Topic 6 – Ch3
    7. Topic 7 – Ch4
    8. Topic 8 – Ch5
    9. Topic 9 – Ch7
    10. Topic 10 – Ch8
    11. Topic 11 – Ch9
    12. Topic 12 – Ch11
    13. Topic 13- Ch12
    14. Topic 14 – Ch13
    15. Topic 15 – Ch14
    16. Topic 16 – Ch15
    17. Topic 17 – Ch17
    18. Topic 18 – Ch18
    19. Topic 19 – Ch19
  4. Content – Detailed
Reading: Operations Management, 8/e, Slack, BJ & Johnston