ISE 5431 - Engineering Operations Research - Stochastic Models

(4 credits)

Review of linear programming, duality theory, integer programming, and nonlinear programming. Topics include stochastic dynamic programming, ergodic and absorbing Markov chains with applications, and queuing models with applications bsed on birth-death process. Introduction to stochastic inventory models and Markov decision processes with applications. This course is cross listed with an undergraduate course, ISE 4431. Credit cannot be received for both ISE 4431 and ISE 5431. Offered Fall.

Prerequisite(s): ISE 5430 or SYS 5430 or an undergraduate or graduate course in Operations Research.

Comments: Formerly ISE 530.

Course revisions made after the Graduate Catalog publication date will be posted in the Graduate Catalog Addendum.