* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see Withdrawal dates explained for more information).
Modern methods of Stochastic Modelling with the focus on applications in real-life systems, useful for careers in the Physical and Biological Sciences, Operations Research, Engineering, Computer Science, Finance and Economics. Students will study the models, theoretical expressions for transient and stationary performance measures, and fast algorithms for their numerical evaluation. Examples of applications will be analyzed numerically using MATLAB.
Quasi Birth-and-Death Processes: The matrix-geometric property. Matrices R, G and U. Linear progression algorithm. Logarithmic Reduction algorithm. Stochastic-Fluid Processes: Matrix Psi(s). Generator matrix Q(s). Taboo matrices G(x,y) and H(x,y). Transient analysis. Stationary analysis. Loss rates. Quadratic algorithms based on Newton's method and Logarithmic Reduction algorithm. Simulation-based techniques. Bounded models, multi-layered models, two-dimensional models.
FLEXIBLE & ONLINE STUDY OPTIONS Note: Class attendance may still be required
Web supported - H Online access to some part of this unit online is optional
Resource supported teaching & learning - H Additional resources are provided for your optional use; e.g. audio taped lectures
About Flexible Study Options
Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
Campus - H Hobart, L Launceston, W Burnie. Study Centre - V Sydney, R Rozelle, P Beauty Point. Distance units may also have a campus identifier of I Isolated, N Interstate, O Overseas. Units delivered in Transnational Education (TNE) Programs have a campus identifier of A Hangzhou, F Fuzhou, G Shanghai, K KDU Malaysia, Q Kuwait or Y Hong Kong.