BUAI 432
Operations Analytics: Stochastic
This course covers modeling and analysis of discrete-event dynamical systems using computer simulations. Topics include an introduction to simulation as a modeling tool, with emphasis on understanding the structure of a simulation model and how to build such models, model validation, random number generation, simulation languages, statistical simulation output analysis, design of simulation experiments and selected current research topics. Prereq: BUAI 433 or MSBA 433. Prereq or Coreq: BUAI 406A and BUAI 406B .
Topics
- an introduction to simulation as a modeling tool
- with emphasis on understanding the structure of a simulation model and how to build such models
- model validation
- random number generation
- simulation languages
- statistical simulation output analysis
- design of simulation experiments and selected current research topics
Topics explicitly listed in official catalogue description
Sources
- Course catalogue ↗2026-2027