Applied Probability Models with Optimization Applications (Paperback)

Sheldon M. Ross

ISBN 10: 0486673146 / ISBN 13: 9780486673141

Verlag: Dover Publications Inc., New York, 2003

Beschreibung

Paperback. Concise advanced-level introduction to stochastic processes that arise in applied probability. Poisson process, renewal theory, Markov chains, Brownian motion, much more. "A clarity of style and a conciseness of treatment which students will find most welcome. The material is valuable and well organised. an excellent introduction to applied probability." - Journal of the American Statistical Association. 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 optimisation models. Each chapter is followed by a section of useful problems that illustrate and complement the text. There is also a short list of relevant references at the end of every chapter. Students will find this a largely self-contained text that requires little previous knowledge of the subject. It is especially suited for a one-year course in applied probability at the advanced undergraduate or beginning postgraduate level. Concise advanced-level introduction to stochastic processes that arise in applied probability. Poisson process, renewal theory, Markov chains, Brownian motion, much more. Problems. References. Bibliography. 1970 edition. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Bestandsnummer des Verkäufers 9780486673141

Bibliografische Details

Titel: Applied Probability Models with Optimization...

Verlag: Dover Publications Inc., New York

Erscheinungsdatum: 2003

Einband: Paperback

Zustand: new

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Book by Ross Sheldon M

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Concise advanced-level introduction to stochastic processes that frequently arise in applied probability. Largely self-contained text covers Poisson process, renewal theory, Markov chains, inventory theory, Brownian motion and continuous time optimization models, much more. Problems and references at chapter ends. "Excellent introduction." ― Journal of the American Statistical Association. Bibliography. 1970 edition.