Spring 2021

INDENG 173 001 - LEC 001

Introduction to Stochastic Processes

Zeyu Zheng

Jan 19, 2021 - May 07, 2021

Mo, We

12:00 pm - 12:59 pm

Internet/Online

Class #:28532

Units: 3

Instruction Mode: Pending Review

Offered through Industrial Engineering and Operations Research

Current Enrollment

Total Open Seats: 19

Enrolled: 121

Waitlisted: 0

Capacity: 140

Waitlist Max: 10

No Reserved Seats

Hours & Workload

2 hours of instructor presentation of course materials per week, 6 hours of outside work hours per week, and 2 hours of the exchange of opinions or questions on course material per week.

This is an introductory course in stochastic models. It builds upon a basic course in probability theory and extends the concept of a single random variable into collections of random variables known as stochastic processes. The course focuses on discrete-time Markov chains, Poisson process, continuous-time Markov chains, and renewal theory. It also discusses applications to queueing theory, risk analysis and reliability theory. Along with the theory, the course covers stochastic simulation techniques that will allow students to go beyond the models and applications discussed in the course.