1. BERNOULLI AND POISSON PROCESSES
 

•  Bionomial Distribution
•  Dependent Bvents
•  Bayesian Analysis

2.    MONTE CARLO PROCESS
 

•  Random Numbers
•  Computer Generation of Random Numbers
•  Normally  Distributed  and  Exponentially  Distributed
•  Variables
•  Classic Distributions

3.    SIMPLE SIMULATIONS
 

•  Inventory - classic Inventory Theory
•  Reliability - Classic Reliability Theory
•  Quiuing - Classic Quiuing Theory

4.    APPLICATIONS
 

•  Spoilage of Produce During Storage
•  Breakdown of Agricultural Machines and Tools
•  Backlogs at Auction
•  Sharing of Facilities as in Machine Pools

5.    NON-LINEAR AND COMPLEX POLICIES USING SIMULATIONS

BOOKS

1.    Introduction to Management Science -- Bernard

COURSE ASSESSMENT

Continuous Assessment - 30%
Examinations          - 70%