Stochastic Models. 3 credits

Catalog description

Survey of probabilistic methods for solving decision problems under uncertainty, probability review, decision theory, queuing theory, inventory models, forecasting, Markov chain models, and simulation are covered. Emphasis on modeling and problem solving. Offered by Systems Engr & Operations Rsch. Equivalent to MATH 442. Offered by Systems Engr & Operations Rsch . Limited to two attempts. Equivalent to MATH 442 .