أهلا
Examples and terminology of game theory. Solution concepts of two person zero sum game: Graphical solution and Linear programming method. Two person nonzero sum game:…
Definition of stochastic processes. Finite Markov chains. One step and multi-steps transition probability matrices. Chapman-Kolmogorov equation. State classification. Long run distribution of…
Definitions and models of inventory control. The simple economic order quantity (EOQ) model. The EOQ model with shortages. The economic production quantity (EPQ) model. The (EPQ) model with…
Since the outbreak of COVID-19, most of the countries around the world have been confronting the loss of lives, struggling with several economical parameters, i.e. low GDP growth, increasing…

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