Stochastic Modeling - (Dover Books on Mathematics) by Barry L Nelson (Paperback)
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<p/><br></br><p><b> About the Book </b></p></br></br>Coherent introduction to techniques also offers a guide to the mathematical, numerical, and simulation tools of systems analysis. Includes formulation of models, analysis, and interpretation of results. 1995 edition.<p/><br></br><p><b> Book Synopsis </b></p></br></br>A coherent introduction to the techniques for modeling dynamic stochastic systems, this volume also offers a guide to the mathematical, numerical, and simulation tools of systems analysis. Suitable for advanced undergraduates and graduate-level industrial engineers and management science majors, it proposes modeling systems in terms of their simulation, regardless of whether simulation is employed for analysis. <br>Beginning with a view of the conditions that permit a mathematical-numerical analysis, the text explores Poisson and renewal processes, Markov chains in discrete and continuous time, semi-Markov processes, and queuing processes. Each chapter opens with an illustrative case study, and comprehensive presentations include formulation of models, determination of parameters, analysis, and interpretation of results. Programming language-independent algorithms appear for all simulation and numerical procedures.<p/><br></br><p><b> About the Author </b></p></br></br>Barry L. Nelson is Chair of the Department of Industrial Engineering and Management Sciences at Northwestern University.
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