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Markov chains : models, algorithms and applications

Author: Wai Ki Ching
Publisher: New York : Springer, 2013.
Series: International series in operations research & management science, v. 189.
Edition/Format:   eBook : Document : English : 2nd edView all editions and formats
Database:WorldCat
Summary:
"This new edition of Markov Chains: Models, Algorithms and Applications has been completely reformatted as a text, complete with end-of-chapter exercises, a new focus on management science, new applications of the models, and new examples with applications in financial risk management and modeling of financial data. This book consists of eight chapters. Chapter 1 gives a brief introduction to the classical theory on  Read more...
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Details

Genre/Form: Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Wai Ki Ching
ISBN: 9781461463122 1461463122 1461463114 9781461463115
OCLC Number: 838812431
Target Audience: "This book is aimed at senior undergraduate students, postgraduate students, professionals, practitioners, and researchers in applied mathematics, computational science, operational research, management science and finance, who are interested in the formulation and computation of queueing networks, Markov chain models and related topics. Readers are expected to have some basic knowledge of probability theory, Markov processes and matrix theory."--Publisher description.
Description: 1 online resource (xvi, 243 pages) : illustrations.
Contents: Introduction --
Queueing Systems and the Web --
Manufacturing and Re-manufacturing Systems --
A Hidden Markov Model for Customer Classification --
Markov Decision Processes for Customer Lifetime Value --
Higher-Order Markov Chains --
Multivariate Markov Chains --
Hidden Markov Chains.
Series Title: International series in operations research & management science, v. 189.
Responsibility: Wai-Ki Ching [and others].

Abstract:

This new edition is expanded and updated, complete with end-of-chapter exercises. Outlines the recent development of Markov chain models for modeling queueing systems, manufacturing and  Read more...
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From the reviews of the First Edition: "The authors outline recent developments of Markov chain models ... . This book is aimed at students, professionals, practitioners, and researchers in Read more...

 
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