IE 6810 - 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 8030 and IE 8090.