ISE 5001 - Engineering Statistics and Economic Analysis

(4 credits)

Simple linear and multiple linear regression analysis, design of experiments - single factor, full factorial, fractional factorial design. Taguchi’s method, control charts, and time series analysis. Engineering cost models, equivalence analysis, estimation of net present value, rate of return, depreciation and taxes, incremental analysis, and uncertainty in cash flow. Credit not applicable toward an M.S. or Ph.D. degree. Offered fall.

Comments: Formerly ISE 501.

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