MOR 4556 - Stochastic Models in Operations Research

(4)

Stochastic processes including Markov chains with applications to the development and analysis of queuing models. Further topics drawn from such areas as reliability, decision analysis, stochastic inventory control and simulation.
Prerequisite(s): MTH 2554 with a grade of (C) or higher and MTH 2775 with a grade of (C) or higher and STA 2226 with a grade of (C) or higher.