Jul 03, 2025  
Rensselaer Catalog 2025-2026 
    
Rensselaer Catalog 2025-2026
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ISYE 4500 - Stochastic Methods in Operations Research


This course develops an understanding of stochastic processes that evolve over time, and the ability to model, analyze, and solve optimization problems for systems that involve sequential and interrelated decisions. Course topics include Probability Theory, Markov Chains, Dynamic Programming, and Queueing Theory. The application areas include but are not limited to production and inventory systems, customer service, revenue management, and health care.

Prerequisite: MATH 2010  and ENGR 2600  

When Offered: SPRING TERM ANNUALLY

Graded: GRADED

Credit Hours: 3



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