Course Details
PASS / NO CREDIT
No
DESCRIPTION
This course aims to expose students to advanced methods in stochastic analysis and develop a toolbox of probabilistic analytical techniques. To focus the discussion, the course will be centered around queueing networks, which serve as building blocks in many modeling applications. Topics covered include fundamental queueing models, fluid and diffusion processes, limit theorems and approximations, and stochastic control. To discuss the algorithmic/computational elements of stochastic control, we will touch on approximate dynamic programming and explore how it is used in the control of queueing networks.
PREREQUISITES
None
CONCURRENT
None