Academic Catalog

IE361 STOCHASTIC MODELS IN OPERATIONS RESEARCH

Course Code: 5680361
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 6.0
Department: Industrial Engineering
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator: Assoc.Prof.Dr. ZEYNEP PELN BAYINDIR
Offered Semester: Fall Semesters.
Prerequisite: Set 1: 5680265
The course set above should be completed before taking IE361 STOCHASTIC MODELS IN OPERATIONS RESEARCH .

Course Content

Introduction to stochastic processes.Discrete-time Markov chains. Mean first passage times. Steady-state analysis. Basics of queueing theory. Types of queues. Deterministic and stochastic dynamic programming.
5