IE 374LR - Modeling of Stochastic Systems

Continuation of IE 373, including uncertainty, risk, and the probabilistic approach in operations research. Topics include elementary mathematical models of decision analysis, stochastic processes (Markov chains and Markovian decision processes), queueing (waiting line) theory and applications of queueing.

Credits: 4

Grading
Graded (GRD)

Typically Offered:
Spring

Requisites:
Pre-Requisite: Industrial Engineering or Engineering Science Majors Only