A vigorous response to the challenges of incorporating computer use into teaching and learning stochastic processes, this book takes an applications- and computer-oriented approach rather than the standard formal and mathematically rigorous approach. It is suitable for advanced undergraduates and beginning graduate students in operations research, management science, finance, engineering, statistics, computer science, and applied mathematics. A Solutions Manual is available to instructors upon request.

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Edward P. C. Kao is Professor of Mathematics at the University of Houston.

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