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Nov 21, 2024
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IE 4810 - Applications of Probability Models in Industrial Engineering 3 Credits (3 Contact Hours) This second probabilistic operations research course provides a broader, more applied range of topics than the first (IE 3810 or IE 8030). Potential topics include decision making; utility theory; portfolio risk; optimization and hedging; inventory models for perishable products; revenue management; risk analysis; and static simulation. Preq: IE 3600 and IE 3610 and IE 3800 and IE 3840 .
This 4000-level course has a 6000-level counterpart. Students should refer to the Graduate Catalog for the 6000-level description and requirements.
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