Module 12:Application of stochastic processes in areas of engineering and management science
  Lecture 39:Application of Markov chain in trying to judge the efficiency of algorithms in OR

The Lecture Contains :

Application of Markov chain in trying to judge the efficiency of algorithms in OR

Simulated Annealing (based on Metropolis Algorithm)

Concept of Markov Chain Monte Carlo (MCMC) method

An example in optimization and use of reliability based optimization

Reliability Analysis