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Applied Probability Models with Optimization Applications
Paperback
Series: Dover Books on Mathematics
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ISBN13: 9780486673141
Publisher: Dover Pubn Inc
Published: Dec 4 1992
Pages: 224
Weight: 0.50
Height: 0.44 Width: 5.38 Depth: 8.46
Language: English
This book offers a concise introduction to some of the stochastic processes that frequently arise in applied probability. Emphasis is on optimization models and methods, particularly in the area of decision processes. After reviewing some basic notions of probability theory and stochastic processes, the author presents a useful treatment of the Poisson process, including compound and nonhomogeneous Poisson processes. Subsequent chapters deal with such topics as renewal theory and Markov chains; semi-Markov, Markov renewal, and regenerative processes; inventory theory; and Brownian motion and continuous time optimization models.
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