You might also like

More about Applied Probability and Stochastic Processes

• Book details
• Synopsis
• Trending among others

You get 418 loyalty points

Book synopsis

This book presents applied probability and stochastic processes in an elementary but mathematically precise manner, with numerous examples and exercises to illustrate the range of engineering and science applications of the concepts. The book is designed to give the reader an intuitive understanding of probabilistic reasoning, in addition to an understanding of mathematical concepts and principles. The initial chapters present a summary of probability and statistics and then Poisson processes, Markov chains, Markov processes and queuing processes are introduced. Advanced topics include simulation, inventory theory, replacement theory, Markov decision theory, and the use of matrix geometric procedures in the analysis of queues.§Included in the second edition are appendices at the end of several chapters giving suggestions for the use of Excel in solving the problems of the chapter. Also new in this edition are an introductory chapter on statistics and a chapter on Poisson processes that includes some techniques used in risk assessment. The old chapter on queues has been expanded and broken into two new chapters: one for simple queuing processes and one for queuing networks. Support is provided through the web site http://apsp.tamu.edu where students will have the answers to odd numbered problems and instructors will have access to full solutions and Excel files for homework.

Book details

Book category Books in English Economics, finance, business & management Business & management Management & management techniques

• Full title: Applied Probability and Stochastic Processes
• Author: Richard M. Feldman, Ciriaco Valdez-Flores
• Language: English
• Binding: Hardback
• Number of pages: 397
• EAN: 9783642051555
• ISBN: 3642051553
• ID: 01650758
• Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
• Weight: 1670 g
• Dimensions: 235 × 155 × 37 mm
• Date of publishing: 01. December 2009

Trending among others

---

---

---