Academic Catalog

IE912 SPECIAL TOPICS IN INDUSTRIAL ENGINEERING: STOCHASTIC OPTIMIZATION WITH APPLICATIONS

Course Code: 5684912
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 5.0
Department: Industrial Engineering
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator: Assoc.Prof.Dr. SEL SAVAANERL TFEKC
Offered Semester: Spring Semesters.
Prerequisite: Set 1: 5680361
The course set above should be completed before taking IE912 SPECIAL TOPICS IN INDUSTRIAL ENGINEERING: STOCHASTIC OPTIMIZATION WITH APPLICATIONS .

Course Content

Framework for stochastic optimization.Application areas.Structural properties of the policies.Decision criteria.Computational methods:value iteration,policy improvement,linear programming.Real-life case studies.