4 CreditsGoal 10 - People/EnvironmentGoal 6 - Hum: Arts/Lit/PhilOnline Available
Introduction to stochastic modeling and stochastic processes. Probability review, random variables, discrete- and continuous-time Markov chains, queueing systems, simulation. Applications to industrial and systems engineering including production and inventory control.
prereq: Undergraduate probability and statistics. Familiarity with computer programming in a high level language.