MIE263H1: Operations Research II: Stochastic OR

Fixed Credit Value
0.50
Hours
38.4L/25.6T
Description

Modeling and analysis of systems subject to uncertainty using probabilistic methods. Introduction to decision analysis. Derivation and application of Bernoulli and Poisson processes, Markov chains, and queuing models. Stochastic optimization and extensions. Applications to engineering, games of chance, health care, and management.

Prerequisite
Total AUs
51.20