everything.study
MAST 223

Introduction to Stochastic Methods of Operations Research

3 credits · Undergraduate

Winter 2024

Topics

  • Probability, random variables and Z-transforms
  • Deterministic inventory and economic order-quantity models
  • Probabilistic inventory and newsvendor models
  • Periodic review and uncertain demand
  • Markov chains, transition probabilities and state classification
  • Steady states, first-passage times and absorbing chains
  • Queueing, arrival and service processes
  • Birth–death processes and queueing networks
  • Discrete-event and Monte Carlo simulation

Readings

  • Listed textbook (requirement not stated): W. L. Winston. Operations Research: Applications and Algorithms, 4th edition.
    Listed reading
Winter 2023 · MAST 223

Readings

  • Operations Research: Applications and Algorithms, 4th Edition, by W. L. Winston.
    Listed reading; requirement unspecified
Winter 2022 · MAST 223

Readings

  • Operations Research: Applications and Algorithms, 4th Edition, by W. L. Winston.
    Listed reading; requirement unspecified
Sources