Stochastic Processes and Queueing

3 credits · Undergraduate

This course covers the analysis of stochastic models. After a review of the relevant aspects of probability theory, the course examines discrete-time Markov chains, Poisson processes, continuous-time Markov chains, and renewal theory. The course also touches on applications of the theory to queuing, inventory, and reliability. PREREQUISITES: IENG 3344.03, IENG 3345.03 RESTRICTIONS: Minimum of 30 credit hours FORMATS: Lecture | Lab