Syllabus
Rutgers University
College of Engineering
Department of Industrial Engineering
540:505 Decision Making under Uncertainty
Instructor: Dr. M. B. Gürsoy
Office: CoRE 206
Phone: X-5465
Email: gursoy@soe.rutgers.edu
COURSE OUTLINE
 
Topics to be covered:
    1. Introduction to probability theory and random variables.

    2. Discrete and continuous probability distributions.

    3. Conditional probability and moments.

    4. Discrete-time Markov Chains: Absorbing Chains, First Step Analysis.

    5. Discrete-time Markov Chains: Ergodic Chains, Steady-State Analysis.

    6. Poisson Processes, Continuous-time Markov Chains and Birth-Death Queues.

    7. Uncertainty characterization using scenarios & decision trees.

    8. Basics of stochastic dynamic programming.

    9. Applications and Case Studies in energy, transportation and production systems.
Text:

“Introduction to Probability Models”, Sheldon Ross, Academic Press, 12th Ed., 2019.
References:
    1. "Introduction to Stochastic Dynamic Programming," Academic Press, 1983.
    2. “An introduction to Stochastic Modeling", H. M. Taylor and S. Karlin, 3rd Edition, Academic Press 1998.
Grading:

30% Midterm Exam, 30% HWs and Project, 30% Final Exam, 10% Class Participation and Attendance
Exam Policy - For In-Person Class
There are 3 hours long a midterm and a comprehensive final exams. During the written exams, the following rules apply:

You will be provided with a cheat sheet.

If you have a disability that influences testing procedures, provide me an official letter from the Office of Disability Services at the start of the semester.

All exams are closed book, closed notes, and no cell phones, no electronic or hard copy cheat sheets are allowed. Please go over the Rutgers Academic Integrity Policy.

I do NOT tolerate cheating. Students are responsible for understanding the RU Academic Integrity Policy. I will strongly enforce this Policy and pursue all violations. On all examinations and assignments, students must sign the RU Honor Pledge, which states, “On my honor, I have neither received nor given any unauthorized assistance on this examination or assignment.” Don’t let cheating destroy your hard-earned opportunity to learn.
Exam Policy - For Fully Online Class-AllCampus
There are 3 hours long a midterm and a comprehensive final exams that will be held online. Each exam will be given once at a common time during an evening or a weekend. During the written exams, the following rules apply:

You have to be in a room alone and keep two cameras on, one facing you and one showing the room from behind you.

You will be provided with a cheat sheet.

If you have a disability that influences testing procedures, provide me an official letter from the Office of Disability Services at the start of the semester.

All exams are closed book, closed notes, and no cell phones, no electronic or hard copy cheat sheets are allowed. Please go over the Rutgers Academic Integrity Policy.

I do NOT tolerate cheating. Students are responsible for understanding the RU Academic Integrity Policy. I will strongly enforce this Policy and pursue all violations. On all examinations and assignments, students must sign the RU Honor Pledge, which states, “On my honor, I have neither received nor given any unauthorized assistance on this examination or assignment.” Don’t let cheating destroy your hard-earned opportunity to learn.
Feeling tired and under stress please contact Rutgers Student Wellness Program.
THIS SYLLABUS IS SUBJECT TO CHANGE.