Introduction to Operations Research models and methods for problems with random, stochastic and probabilistic components. Topics include birth and death processes, branching processes, waiting line models, and Markov decision processes. Applications include, the design, modelling, and analysis of service and manufacturing systems, with emphasis on important functions such as queueing, inventory, reliability, equipment replacement, and maintenance. [Offered: W] Prereq: (MSCI 331 or SYDE 411) and (One of CHE 220, CIVE 224, ECE 316, ENVE 224, MSCI 252, ME 202, MTE 201, NE 115, STAT 206, 211, 231, 241, SYDE 212); Not open to students in the Faculty of Mathematics.
