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Stochastic Modeling: Analysis & Simulation by Barry L. Nelson

Stochastic Modeling: Analysis & Simulation

by Barry L. Nelson
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Book cover type: Paperback
  • ISBN13: 9780486477701
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Dover Publications
  • Publisher Imprint: Dover Publications
  • Publication Date:
  • Pages: 321
  • Original Price: USD 19.95
  • Language: English
  • Edition: N/A
  • Item Weight: 431 grams
  • BISAC Subject(s): Probability & Statistics / General and Applied

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.
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.

Barry L. Nelson is Chair of the Department of Industrial Engineering and Management Sciences at Northwestern University.

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