Information Package / Course Catalogue
Stochastic Processes
Course Code: MIS524
Course Type: Area Elective
Couse Group: Second Cycle (Master's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 7
Objectives of the Course

Teaching Stochastic models and solution methods

Course Content

Markov chain, Stochastic models, Queuing Models and solution techniques of the models

Name of Lecturer(s)
Learning Outcomes
1.Solution techniques of stochastic models
2.Experience on modeling dynamic process with using stochastic models
3.Basic structure in the stochastic models
4.Learns tail models
5.Understands the basic concepts of probability and random variables.
Recommended or Required Reading
1.Ahmet Hamdi Kayran, Mehmet Nadir Yücel
Weekly Detailed Course Contents
Week 1 - Theoretical
Introduction to Stochastic models
Week 2 - Theoretical
Markov Chain
Week 3 - Theoretical
Markov Chain
Week 4 - Theoretical
Markov Chain
Week 5 - Theoretical
Stochastic Inventory Models
Week 6 - Theoretical
Stochastic Inventory Models
Week 7 - Theoretical
Stochastic Inventory Models
Week 8 - Intermediate Exam
Midterm
Week 9 - Theoretical
Queuing Models
Week 10 - Theoretical
Queuing Models
Week 11 - Theoretical
Queuing Models
Week 12 - Theoretical
Kuyruk Modelleri
Week 13 - Theoretical
Stochastic Dynamic Programming
Week 14 - Theoretical
Stochastic Dynamic Programming
Week 15 - Final Exam
Final
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory163396
Individual Work160348
Quiz151015
Midterm Examination151015
Final Examination1257
TOTAL WORKLOAD (hours)181
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
OÇ-1
4
4
4
4
4
5
5
5
5
OÇ-2
4
5
5
5
5
5
5
5
5
OÇ-3
5
5
5
5
5
5
5
5
OÇ-4
4
4
4
5
5
5
5
5
5
OÇ-5
4
5
5
5
5
4
4
4
Adnan Menderes University - Information Package / Course Catalogue