ISYE 4200:Engineering Optimization: Stochastic Decision Models

3 Class Hours 0 Laboratory Hours 3 Credit Hours
Prerequisite: (ISYE 2600 or STAT 2332) and ISYE 3400 and Engineering Standing. Math Majors: Permission by ISYE Department and (MATH 3332 and MATH 3272)
Modeling and solution of decision problems under uncertainty. Topics include Markov Chains, stochastic programming, stochastic dynamic programming, theory, utility theory and simulation. Computer solution techniques are emphasized.