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Modeling and Analysis of Stochastic Systems, Third Edition

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Validate Monetary firm for Modeling and Examination of Random Packages, Third Edition

ISBN 9780367736798

Drawing upon the author’s experience of over 35 years in teaching, Modeling and Examination of Random Packages, Third Edition encompasses the most essential utilities of stochastic processes utilized within the representation of various packages. For every type of stochastic procedure, the text comprises its description, characterization, applications, transient and limiting behavior, primary passage situations, and cost/reward models.

 

The third version has been refreshed with numerous new applications, including the Google search algorithm in discrete time Markov chains, several examples from healthcare and finance in continuous time Markov chains, and square root staffing rule in Queuing models. Over 50 new exercises have been included to reinforce its use as a course material or for self-study. The sequence of chapters and exercises has been kept consistent between editions, to allow those currently teaching from the second version to use the third edition.

Instead of presenting specific techniques that only address particular issues, this guide offers comprehensive coverage of general tools that enable the solution and analysis of random models. Once the readers have mastered the material in the text, they will be well-prepared to construct and analyze practical stochastic models for real-life scenarios.

 

Author(s)

Biography

 

Vidyadhar G. Kulkarni

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Modeling and Analysis of Stochastic Systems, Third Edition
Modeling and Analysis of Stochastic Systems, Third Edition

Original price was: $45.00.Current price is: $27.97.

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