University of Technology SydneyHandbook 2006

35363 Stochastic Models in Operations Research1

6cp; 4hpw
Requisite(s): ((35151 Statistics 1 AND (35170 Introduction to Computing OR 31465 Object-oriented Programming)) OR 33401 Introductory Mathematical Methods)
Recommended studies: mathematical knowledge corresponding to second-year mathematical subjects

This subject presents principles and methods of Monte Carlo and discrete event simulation, provides students with experience in using software for simulation, and introduces the main concepts of queuing theory. The queuing theory component of the subject includes Poisson process, birth-and-death models, and queuing models with one and several servers. The simulation component of the subject includes: pseudorandom number generation and corresponding statistical tests; evaluation of integrals using Monte Carlo simulation; generation of continuous and discrete random variables, including inverse transform technique, convolution method, and acceptance-rejection technique; verification and validation of simulation models; output analysis for a single simulation model and comparison of alternative system designs; and variance reduction techniques.

Typical availability

Autumn semester, City campus

Footnote(s)

1. This subject was formerly called 35363 Simulation Modelling.

Fee information

2006 contribution for 2005/06 commencing Commonwealth-supported undergraduate students: $872.38
2006 amount for undergraduate domestic fee-paying students: $2,190.00
Subject EFTSL: 0.125
Note: The above fees are applicable in 2006 for 2005/06 commencing Commonwealth-supported and domestic fee-paying undergraduate students only. Pre-2005 Commonwealth-supported undergraduate students should consult the Student contribution charges for Commonwealth supported students webpage.
Not all students are eligible for Commonwealth supported places, and not all subjects are available to Commonwealth supported students. Other students (such as postgraduate students and international students) should refer to the Fees webpage.

Access conditions

Note: The requisite information presented in this subject description covers only academic requisites. Full details of all enforced rules, covering both academic and admission requisites, are available at Access conditions and My Student Admin.