1. Title of the Project: “HIGH-END WORKSHOP (KARYASHALA) ON STOCHASTIC
MODELING TECHNIQUE”
2. Sanctioned Amount: Rs. 5,00,000
3. Funding Agency with Logo: SERB, DST, GOI
4. Objective:
 To enable the participants to learn new techniques and enhance their knowledge
through various sessions by eminent speakers in the area of applied stochastic
modelling and optimization.
 To educate participants about the applied stochastic model's practical
applications in a range of engineering, science, technology, industry, and
business domains.
 To interact with eminent professors from different national and international
institutes to discuss real-time research and make collaborations.
 To create a research-friendly atmosphere by letting the creative minds of the
country exchange ideas and share their knowledge among their fellow
participants.
Deliverables/ Outcomes:
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Distinguished experts in the field of stochastic modelling from all over the globe
provide the attendees with recent theoretical advancements in applied stochastic
models.
The participants gained insight into the broad application of stochastic modelling
techniques in a variety of highly uncertain, complex, and dynamic environments,
including big data analytics, healthcare, power systems, alternative energy, and logistics
and supply chains.
The week-long workshop creates an ideal platform for all those participants
pursuing/intending to pursue research in diverse fields to come together, discuss, and
disseminate their ideas/interests with the lead resource persons.
Participants learn about the foundations and principles of stochastic modelling
techniques and their applications.