SED 305 - Intr. to Stochastic Modell.

Dersin Amaçları

• Develop models for decision making under uncertainty
• Analyze the concepts of random variables (single and multivariate), mean, variance and covariance
• Identify and apply the probability distributions accurately to applications
• Identify and describe a stochastic process
• Apply the stochastic process in the form of Markov chains and queuing models into real life problems

Dersin Tanımı

Introduction to mathematical modeling, analysis, and solution procedures applicable to uncertain (stochastic) systems. Methodologies covered include probability theory and stochastic processes. Applications relate to design and analysis of problems, inventory control, operations research, waiting lines, and system reliability and maintainability.