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Apr 25, 2024
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2012-2013 SDSM&T Academic Catalog [ARCHIVED CATALOG]
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ENGM 732 Stochastic Models in Operations ResearchCredits: (3-0) 3
Probabilistic quantitative methods are developed. These include project control (PERT), decision trees, risk analysis, queuing, Markov chains, mathematical modeling and Monte Carlo simulation. Computer programs are used to solve practical problems after the techniques are developed and understood.
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