STAT 884: Applied Stochastic Models

Prereqs: STAT 880 or IMSE 321 or equivalent
Introduction to stochastic modeling in operations research. Includes the exponential distribution and the Poisson process, discrete-time and continuous-time Markov chains, renewal processes, queueing models, stochastic inventory models, stochastic models in reliability theory.
Credit Hours: 3
Course Delivery: Classroom