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Course Unit Title Course Unit Code Type of Course Unit Level of Course Unit Year of Study Semester ECTS Credits
Stochastic Models MEN316 Elective Bachelor's degree 3 Spring 5

Name of Lecturer(s)

Assistant Prof. Dr. Yıldız ŞAHİN

Learning Outcomes of the Course Unit

1) Students will have a concept of stochastic processes and markov processes
2) Students should understand discrete time Markov chains, the transient and steady-state analysis.
3) Students will be able to understand the concept of exponential distribution, continuous timely birth-death chains
4) Students will be able to conceptualize and implement Queuing models, Markovian queues, Queuing Theory and queuing approaches.

Program Competencies-Learning Outcomes Relation

  Program Competencies
1 2 3 4 5 6 7 8 9 10 11
Learning Outcomes
1 High High High Low High High Middle Low High Low No relation
2 High High High Low High High Middle Low High Low No relation
3 High High High Low High High Middle Low High Low No relation
4 High High High Middle High High Middle Middle High Low No relation

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

Not Required

Course Contents

Stochastic processes, Markov Processes, discrete event Markov chains, transiet and steady state analysis, exponential distribution, continious event birth-death chains, queuing models, Markovian queues, Queue Theory and queue approximations

Weekly Schedule

1) Stochastic process
2) Stochastic process
3) Markov Processes
4) Discrete-time Markov chains
5) Discrete-time Markov chains
6) Transient ve steady-state analysis
7) Exponential distribution
8) Midterm exam
9) Queue models
10) Queue models
11) Markovian queues
12) Queue Theory and queuing approaches
13) Queue Theory and queuing approaches
14) Queue Theory and queuing approaches
15) Queue Theory and queuing approaches
16) Final exam

Recommended or Required Reading

1- - Winston, W. (2003). Operations Research : Applications and Algorithms, Duxbury Press.
2- - Ross, S. M. (2000). Introduction to Probability Models, Seventh Edition, Academic Press.
3- - Hillier, Frederick S. and Gerald G. Lieberman (1990), Introduction to Stochastic Models in Operations Research, New York: McGraw-Hill Inc.
4- - Taha, H.A. (2002). Operations Research: An Introduction, Prentice Hall.
5- - Hillier, F.S., Lieberman, G.J. (2002). Introduction to Operations Research, McGraw-Hill.

Planned Learning Activities and Teaching Methods

1) Question-Answer
2) Drill and Practice
3) Modelling
4) Self Study
5) Problem Solving


Assessment Methods and Criteria

Contribution of Midterm Examination to Course Grade

40%

Contribution of Final Examination to Course Grade

60%

Total

100%

Language of Instruction

Turkish

Work Placement(s)

Not Required