Stochastic Models in Operations Research

Catalog description

(cross-leveled with ISE 4230 ). Introduces stochastic models and probabilistic optimization for decision-making under uncertainty, emphasizing model formulation, performance analysis, and applications in engineering and management systems. Topics include dynamic programming, Markov chains, Poisson processes, queueing theory, and inventory theory. Graded on A-F basis only. Credit Hour s : 3 Prerequisites: Grade of C- or better in ISE 2110 and ISE 3110