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Parametric stochastic processes 720


 
Module code PNP 720
Qualification Postgraduate
Faculty Faculty of Economic and Management Sciences
Module content

Introduction to statistical measure theory. Queueing processes: M/M/1; M/M/S; M/G/1 queues and variants; limiting distribution of the queue length and waiting times. Queuing networks. Some stochastic inventory and storage processes.

Module credits 15.00
NQF Level 08
Service modules Faculty of Economic and Management Sciences
Prerequisites Admission to either BScHons Mathematical Statistics or BComHons Mathematical Statistics
Contact time 1 lecture per week
Language of tuition Module is presented in English
Department Statistics
Period of presentation Semester 1 or Semester 2

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