Skip Navigation
search: People Opens New Window | Departments Opens New Window | Penn State Opens New Window | Web Opens New Window
Penn State mark
Penn State mark
University Bulletin
Undergraduate Degree Programs

These course descriptions are not being updated as of August 1, 2016. Current course descriptions are maintained in LionPATH.

Industrial Engineering (I E)

I E 425 Stochastic Models in Operations Research (3) Stochastic models in operations research with real world applications including dynamic programming, Markov chains, queueing models and inventory models.

I E 425 Stochastic Models in Operations Research (3)

This course will be an introduction to the modeling of stochastic systems. The student will learn about Poisson processes, Markov Chains, Dynamic Programming, and Queueing systems; both model formulations and solutions strategies. The students will learn several applications of these models in manufacturing and service systems, so that they can synthesize the lecture material. The student will study the topic of inventory theory, including fundamental tradeoffs, EOQ modeling, and stochastic models. Grading will be based on exams and homework. This will be a required course for all undergraduate students pursuing a baccalaureate degree in Industrial Engineering.


General Education: None
Diversity: None
Bachelor of Arts: None
Effective: Spring 2014
Prerequisite: MATH 220 andI E 322
Concurrent: I E 405

Note : Class size, frequency of offering, and evaluation methods will vary by location and instructor. For these details check the specific course syllabus.


Look up course abbreviations

Course descriptions are stored in LionPATH, the University-wide student information system. Please visit the LionPATH Course Catalog to access current course descriptions. At that point, you will be leaving the University Bulletin website.

Skip Popular Searches
  1. Bachelor of Arts Degree Requirements
  2. General Education: United States Cultures and International Cultures
  3. Course Index
  4. Graduate Degree Programs Bulletin
  5. General Education: Arts
  6. General Education: Humanities
  7. General Education: Health and Physical Activity
  8. General Education: Natural Sciences
  9. General Education: Social and Behavioral Sciences
  10. General Education: Writing/Speaking