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Stochastic Models: Volume 2

by D. P. Heyman , M. J. Sobel
Save 17% Save 17%
Current price ₹7,287.00
Original price ₹8,745.00
Original price ₹8,745.00
Original price ₹8,745.00
(-17%)
₹7,287.00
Current price ₹7,287.00

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Book cover type: Hardcover
  • ISBN13: 9780444874733
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: North-Holland
  • Publisher Imprint: North-Holland
  • Publication Date:
  • Pages: 736
  • Original Price: GBP 49.99
  • Language: English
  • Edition: N/A
  • Item Weight: 1207 grams
  • BISAC Subject(s): General

One of the central problems in operations research and management science is how to quantify the effects of uncertainty about the future. This, the second volume in a series of handbooks, is devoted to models where chance events play a major role. The thirteen chapters survey topics in applied probability that have been particularly useful in operations research and management science. Each chapter was written by an expert, both in subject matter and in its exposition. The chapters fall into four groups. The first four cover the fundamentals of stochastic processes, and lay the foundation for the following chapters. The next three chapters are concerned with methods of getting numbers. This includes numerical solution of models, parameter estimation for models, and simulation of models. Chapters 8 and 9 describe the fundamentals of dynamic optimization. The last four chapters are concerned with the most important structured models in operations research and management science; queues, queueing networks, inventories, and reliability.

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