Modul

Optimization under Uncertainty in Information Engineering and Management [M-WIWI-103243]

Credits

Recurrence

Jedes Wintersemester

Duration

1 Semester

Language

Level

Version

Responsible

Prof. Dr. Steffen Rebennack

Organisation

KIT-Fakultät für Wirtschaftswissenschaften

Part of

Information Engineering and Management (M.Sc.)

Bricks

Identifier	Name	LP
T-WIWI-106545	Optimization under Uncertainty	4.5
T-WIWI-106545	Optimization under Uncertainty	5

Competence Certificate

The assessment consists of a written exam (60 minutes) according to Section 4(2), 1 of the examination regulation. The exam takes place in every the semester.

Competence Goal

The students are familiar with the modern concepts of stochastic modeling and are in a position to describe and to analyse simple systems in an adequate way.

Prerequisites

None

Content

Markov chains are no longer a nice theory but an important tool in order to model, analyse, and optimize a stochastic system as it evolves over time.

Topics overview: Markov chains, Poisson Processes.

Workload

See German version.