IE 370

Spring 2025 All Classes

All Classes
Stochastic Processes and Applications

Credit: 3 hours.

Introduction to stochastic processes with applications in decision-making under uncertainty. Topics include newsvendor problem, discrete-time Markov chain (including classification of states, stationary distribution, absorbing states), Poisson processes (including time-homogenous, time-nonhomogeneous, thinning Poisson), continuous-time Markov chain (including Markov property, generator matrix, stationary distribution), queuing theory (including M/M/k queue, open Jackson network), and Markov decision processes (including finite-horizon models, infinite-horizon models).

Prerequisite: IE 300 and IE 310.

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IE 370 class schedule data for spring 2025
CRN Type Section Time Day Location Instructor Section Details
66991
Lecture
SP
5:00PM -6:20PM
TR
Transportation Building
Stolyar, A
Part of Term:
1
Date Range:
01/21/25-05/07/25
Credit:
3 hours
Section Info:
Prerequisites and concurrent registration will be enforced. Students who have not met these will be removed from this course.
Restriction(s):
Restricted to Industrial Engineering or Systems Engineering and Design major(s).
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