Methods for describing stochastic movements of material in manufacturing facilities, supply chain, and equipment maintenance networks. Includes analysis of congestion, delays, and inventory ordering policies.

Overview of basic tools used in statistical analysis and modeling. Credit not allowed to students seeking a degree in ISYE.

Covers modeling of discrete-event dynamic systems and introduces methods for using these models to solve engineering design and analysis problems.

ISYE Senior Design Preparation.

Small groups of students undertake an industry-sponsored project under faculty guidance.

Introduction to engineering economic decision making, economic decision criteria, discounted cash flow, replacement and timing decisions, risk, depreciation, and income tax.

Student teams apply methods and techniques taught throughout the program to conduct complex system Conceptual Design based on requirements provided in a Request for Proposal.

Point and interval estimation of systems parameters, statistical decision making about differences in system parameters, analysis and modeling of relationships between variables.