EM523 MONTE CARLO SIMULATION FOR OPERATIONS ANALYSIS
| Course Code: |
8660523 |
| METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
| ECTS Credit: |
8.0 |
| Department: |
Engineering Management |
| Language of Instruction: |
English |
| Level of Study: |
Graduate |
| Course Coordinator: |
Assoc.Prof.Dr. MUSTAFA KEMAL TURAL |
| Offered Semester: |
Fall and Spring Semesters. |
Course Content
Introduction to Monte Carlo simulation. Principles of simulation modeling. The design and analysis of simulation models. Performing Monte Carlo simulations via Excel spreadsheet models. Use of simulation as a decision tool. Monte Carlo simulation applications in the areas of production and service systems. Statistical analysis of simulation input and output data. Case studies.
