Stochastic Models in Operations Research

Stochastic Models in Operations Research PDF Author: Daniel P. Heyman
Publisher: Courier Corporation
ISBN: 9780486432595
Category : Mathematics
Languages : en
Pages : 564

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Book Description
This volume of a 2-volume set explores the central facts and ideas of stochastic processes, illustrating their use in models based on applied and theoretical investigations. Explores stochastic processes, operating characteristics of stochastic systems, and stochastic optimization. Comprehensive in its scope, this graduate-level text emphasizes the practical importance, intellectual stimulation, and mathematical elegance of stochastic models.

Stochastic Models in Operations Research

Stochastic Models in Operations Research PDF Author: Daniel P. Heyman
Publisher: Courier Corporation
ISBN: 9780486432595
Category : Mathematics
Languages : en
Pages : 564

Get Book Here

Book Description
This volume of a 2-volume set explores the central facts and ideas of stochastic processes, illustrating their use in models based on applied and theoretical investigations. Explores stochastic processes, operating characteristics of stochastic systems, and stochastic optimization. Comprehensive in its scope, this graduate-level text emphasizes the practical importance, intellectual stimulation, and mathematical elegance of stochastic models.

Stochastic Models in Operations Research: Stochastic optimization

Stochastic Models in Operations Research: Stochastic optimization PDF Author: Daniel P. Heyman
Publisher: Courier Corporation
ISBN: 9780486432601
Category : Mathematics
Languages : en
Pages : 580

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Book Description
This two-volume set of texts explores the central facts and ideas of stochastic processes, illustrating their use in models based on applied and theoretical investigations. They demonstrate the interdependence of three areas of study that usually receive separate treatments: stochastic processes, operating characteristics of stochastic systems, and stochastic optimization. Comprehensive in its scope, they emphasize the practical importance, intellectual stimulation, and mathematical elegance of stochastic models and are intended primarily as graduate-level texts.

Stochastic Models in Operations Research

Stochastic Models in Operations Research PDF Author: Daniel P. Heyman
Publisher:
ISBN:
Category : Operations research
Languages : en
Pages :

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Book Description


Instructor's manual to accompany Stochastic models in operations research. 1. Stochastic processes and operating characteristics

Instructor's manual to accompany Stochastic models in operations research. 1. Stochastic processes and operating characteristics PDF Author: Daniel P. Heyman
Publisher:
ISBN: 9780070286337
Category :
Languages : en
Pages : 231

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Book Description


Stochastic Processes and Models in Operations Research

Stochastic Processes and Models in Operations Research PDF Author: Anbazhagan, Neelamegam
Publisher: IGI Global
ISBN: 1522500456
Category : Business & Economics
Languages : en
Pages : 359

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Book Description
Decision-making is an important task no matter the industry. Operations research, as a discipline, helps alleviate decision-making problems through the extraction of reliable information related to the task at hand in order to come to a viable solution. Integrating stochastic processes into operations research and management can further aid in the decision-making process for industrial and management problems. Stochastic Processes and Models in Operations Research emphasizes mathematical tools and equations relevant for solving complex problems within business and industrial settings. This research-based publication aims to assist scholars, researchers, operations managers, and graduate-level students by providing comprehensive exposure to the concepts, trends, and technologies relevant to stochastic process modeling to solve operations research problems.

Introduction to Modeling and Analysis of Stochastic Systems

Introduction to Modeling and Analysis of Stochastic Systems PDF Author: V. G. Kulkarni
Publisher: Springer
ISBN: 1441917721
Category : Mathematics
Languages : en
Pages : 323

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Book Description
This book provides a self-contained review of all the relevant topics in probability theory. A software package called MAXIM, which runs on MATLAB, is made available for downloading. Vidyadhar G. Kulkarni is Professor of Operations Research at the University of North Carolina at Chapel Hill.

Selected Topics On Stochastic Modelling

Selected Topics On Stochastic Modelling PDF Author: Mariano J Valderrama Bonnet
Publisher: World Scientific
ISBN: 9814550701
Category :
Languages : en
Pages : 326

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Book Description
This volume contains a selection of papers on recent developments in fields such as stochastic processes, multivariate data analysis and stochastic models in operations research, earth and life sciences and information theory, from an applicative perspective. Some of them have been extracted from lectures given at the Department of Statistics and Operations Research at the University of Granada for the past two years (Kai Lai Chung and Marcel F Neuts, among others). All the papers have been carefully selected and revised.

Stochastic Models: Analysis and Applications

Stochastic Models: Analysis and Applications PDF Author: B. R. Bhat
Publisher: New Age International
ISBN: 9788122412284
Category : Mathematical statistics
Languages : en
Pages : 412

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Book Description
The Book Presents A Systematic Exposition Of The Basic Theory And Applications Of Stochastic Models.Emphasising The Modelling Rather Than Mathematical Aspects Of Stochastic Processes, The Book Bridges The Gap Between The Theory And Applications Of These Processes.The Basic Building Blocks Of Model Construction Are Explained In A Step By Step Manner, Starting From The Simplest Model Of Random Walk And Proceeding Gradually To More Complicated Models. Several Examples Are Given Throughout The Text To Illustrate Important Analytical Properties As Well As To Provide Applications.The Book Also Includes A Detailed Chapter On Inference For Stochastic Processes. This Chapter Highlights Some Of The Recent Developments In The Subject And Explains Them Through Illustrative Examples.An Important Feature Of The Book Is The Complements And Problems Section At The End Of Each Chapter Which Presents (I) Additional Properties Of The Model, (Ii) Extensions Of The Model, And (Iii) Applications Of The Model To Different Areas.With All These Features, This Is An Invaluable Text For Post-Graduate Students Of Statistics, Mathematics And Operation Research.

Optimization of Stochastic Models

Optimization of Stochastic Models PDF Author: Georg Ch. Pflug
Publisher: Springer Science & Business Media
ISBN: 1461314496
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
Stochastic models are everywhere. In manufacturing, queuing models are used for modeling production processes, realistic inventory models are stochastic in nature. Stochastic models are considered in transportation and communication. Marketing models use stochastic descriptions of the demands and buyer's behaviors. In finance, market prices and exchange rates are assumed to be certain stochastic processes, and insurance claims appear at random times with random amounts. To each decision problem, a cost function is associated. Costs may be direct or indirect, like loss of time, quality deterioration, loss in production or dissatisfaction of customers. In decision making under uncertainty, the goal is to minimize the expected costs. However, in practically all realistic models, the calculation of the expected costs is impossible due to the model complexity. Simulation is the only practicable way of getting insight into such models. Thus, the problem of optimal decisions can be seen as getting simulation and optimization effectively combined. The field is quite new and yet the number of publications is enormous. This book does not even try to touch all work done in this area. Instead, many concepts are presented and treated with mathematical rigor and necessary conditions for the correctness of various approaches are stated. Optimization of Stochastic Models: The Interface Between Simulation and Optimization is suitable as a text for a graduate level course on Stochastic Models or as a secondary text for a graduate level course in Operations Research.

A First Course in Stochastic Models

A First Course in Stochastic Models PDF Author: Henk C. Tijms
Publisher: John Wiley & Sons
ISBN: 9780471498803
Category : Mathematics
Languages : en
Pages : 494

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Book Description
The field of applied probability has changed profoundly in the past twenty years. The development of computational methods has greatly contributed to a better understanding of the theory. A First Course in Stochastic Models provides a self-contained introduction to the theory and applications of stochastic models. Emphasis is placed on establishing the theoretical foundations of the subject, thereby providing a framework in which the applications can be understood. Without this solid basis in theory no applications can be solved. Provides an introduction to the use of stochastic models through an integrated presentation of theory, algorithms and applications. Incorporates recent developments in computational probability. Includes a wide range of examples that illustrate the models and make the methods of solution clear. Features an abundance of motivating exercises that help the student learn how to apply the theory. Accessible to anyone with a basic knowledge of probability. A First Course in Stochastic Models is suitable for senior undergraduate and graduate students from computer science, engineering, statistics, operations resear ch, and any other discipline where stochastic modelling takes place. It stands out amongst other textbooks on the subject because of its integrated presentation of theory, algorithms and applications.