Recognize formula and shape of basic probability distributions b. Applications of engineering economy 1. Calculate effective interest rate 2. Calculate monthly payments 3. Generate random variables from uniform, normal, exponential distributions 2. Plotting g. Sorting 4.
Homework is due at the beginning of class.
There will be a short quiz at the beginning of most classes. During the semester, there will be several meetings and activities that will contribute to your understanding of Industrial Engineering and engineering. Attendance and participation in these activities will be reflected in your grade through points. Any additional points will count toward bonus percentage points, which will be added to your total percentage at the end of the semester. If you attend all meetings and participate in all activities, you will receive a bonus of 5 percentage points on your overall grade.