Information Package

Program of Industrial Engineering (English)

IND306

STOCHASTIC MODELS

Course Code
IND306
Semester
Fifth Term (Fall)
Theory+Practice
3 + 1
ECTS
5
Course TypeCompulsory Course
Course LevelBachelor's Degree
Year of Study3
SemesterFifth Term (Fall)
ECTS5
Name of Lecturer(s)
Learning Outcomes

At the end of this course, the students;

  1. Have the knowledge about stochastic modelling techniques.
  2. Have the ability to select the appropriate technique on the investigation and designation of waiting lines in production and service systems.
  3. Have the ability to select the proper method to estimate parameters used in solving problems.
  4. Have the ability to apply the appropriate technique in the planning and control of service systems.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionConcept of stochastic process, queuing systems and waiting line models. Markov processes and Markov chains. Stochastic programming
Course Contents
WEEK TOPICS
1st Week Review Probability, Poisson and Exponential Distribution, Stochastic Process and classification.
2nd Week Queuing Systems and Modeling Arrival and Service Processes
3rd Week Birth and Death Processes
4th Week M/M/l Queuing Model
5th Week M/M/s Queuing Models
6th Week Finite Source Models and Exponential Queues in Series and Open Queuing Networks
7th Week Priority Queuing Models
8th Week Midterm
9th Week Markov Chains and Classification of States in a Markov Chain
10th Week Steady State Probabilities, Mean First Passage Time
11th Week Absorbing Chains
12th Week Forecasting, Qualitative Fore Casting
13th Week Time Series Methods
14th Week Planning and Control in Service Systems
Recommended or Required Reading1. Winston W. L. Operations Research, Applications, and Algorithms, 2004, Dixbury Press
2. Ross S. Introduction to poprobability models, 1993
Planned Learning Activities and Teaching Methods
  • Lecture
  • Practice
  • Questions/Answers
  • Problem Solving
  • Presentation
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 30
Assignment 3 10
Quiz 4 10
Practice 5 10
Attendance 1 5
Total(%) 65
Contribution of In-term Studies to Overall Grade(%) 65
Contribution of Final Examination to Overall Grade(%) 35
Total(%) 100
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4
K1 X X X X
K2 X X X X
K3 X X
K4
K5
K6
K7
K8
K9
K10
K11