EM726 TOPICS IN EM: PROBABILISTIC DECISION MODELS

Course Code:8660726
METU Credit (Theoretical-Laboratory hours/week):3 (3.00 - 0.00)
ECTS Credit:8.0
Department:Engineering Management
Language of Instruction:English
Level of Study:Graduate
Course Coordinator:Prof.Dr. YAŞAR YASEMİN SERİN
Offered Semester:Spring Semesters.

Course Objectives


Course Content

Introduction to probability; Markov chains and applications, decision making under uncertainty with applications; reliability of a system with components; lifetime distributions.


Course Learning Outcomes


Program Outcomes Matrix

Level of Contribution
#Program Outcomes0123
1Have improved awareness of financial aspects, risks and trade-offs associated with the decisions.
2Can effectively solve complex problems in areas related with their background, integrating their non-Industrial Engineering undergraduate educational knowledge with the Engineering Management skills.
3Can integrate their engineering skills with practical business knowledge.
4Appreciate the academic ethics.

0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution