Modeling Random Processes for Engineers and Managers

ISBN-10: 0470322551

ISBN-13: 9780470322550

Edition: 2009

Authors: James J. Solberg

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Description:

By reducing mathematical detail and focusing on real-world applications, this book provides engineers with an easy-to-understand overview of stochastic modeling. An entire chapter is included on how to set up the problem, and then another complete chapter presents examples of applications before doing any math. A previously unpublished computational method for solving equations related to Markov processes is added. The book shows how to add costs or revenues to the basic probability structures without much additional effort. In addition, numerous examples are included that show how the theory can be used. Engineers will also find explanations on how to formulate word problems into the models that the math worked on.
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Book details

List price: $188.95
Copyright year: 2009
Publisher: John Wiley & Sons, Incorporated
Publication date: 12/22/2008
Binding: Hardcover
Pages: 320
Size: 8.25" wide x 10.00" long x 0.75" tall
Weight: 1.496
Language: English

Preface
Probability Review
Formulating Markov Chain Models
Markov Chain Calculations
Rewards on Markov Chains
Continuous Time Markov Processes
Queuing Models
Networks of Queues
Using the Transition Diagram to Computer
Index
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