Mechanical & Industrial Engrg 684 - Stoch Proc In Ie I

Introduction to the theory of stochastic processes with emphasis on Markov chains, Poisson processes, markovian queues and networks, and computational techniques in Jackson networks. Applications include stochastic models of production systems, reliability and maintenance, and inventory control. Prerequisites: M&I-Eng 271, 520, or equivalent.

Open to graduate Industrial Engineering students. Instructor consent is otherwise required.