IE 551LEC - Simulation & Stochastic Methods

This introductory course on computer simulation covers spreadsheet simulation, discrete event simulation, system dynamics simulation and agent-based simulation with the focus on key statistical analysis of data and practice-oriented theory. Topics include generating random numbers and varieties, selecting input probability distribution, hypothesis testing for the statistical and practical significance of simulation through lab assignments, and test their gained skills in team projects inspired by real world simulation applications.

Credits: 3