Out-dated version of Internet Explorer (or in compatibility mode) is not supported. Please use Chrome , Firefox , Safari or latest version of Internet Explorer to view this website.


Poisson process. Birth-and-death process, Markov chain. Martingale. Brownian motion. Renewal and stationary processes. Stochastic integration and Ito’s formula. Applications to queueing models, inventory models, and financial investment/hedging models.

Department of Systems Engineering and Engineering Management, CUHK