Synopsis
This introduction to techniques for modeling dynamic stochastic systems also provides a guide to the mathematical, numerical, and simulation tools used in systems analysis. The text explores Poisson and renewal processes, Markov chains in discrete and continuous time, semi-Markov processes, and queuing processes. Solution manual available upon request. 1995 edition.
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Synopsis
A guide to the mathematical, numerical, and simulation tools used in systems analysis, this book also introduces the techniques employed for modeling dynamic, stochastic systems that occur in areas such as inventory control and capacity planning, hospital staffing, stock portfolio management, and product-distribution logistics. Nelson teaches indus
About the Author
Barry L. Nelson is Chair of the Department of Industrial Engineering and Management Sciences at Northwestern University.
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Stochastic Modeling: Analysis & Simulation
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Dover Publications Inc., 2002
ISBN 10: 048642569X
ISBN 13: 9780486425696
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