Markov Chains: Models, Algorithms and Applications (International Series in Operations Research & Management Science) - Hardcover

Wai-Ki Ching

Hardcover

ISBN 10: 0387293353 ISBN 13: 9780387293356

Publisher: Springer, 2005

Synopsis

Markov chains are a particularly powerful and widely used tool for analyzing a variety of stochastic (probabilistic) systems over time. This monograph will present a series of Markov models, starting from the basic models and then building up to higher-order models. Included in the higher-order discussions are multivariate models, higher-order multivariate models, and higher-order hidden models. In each case, the focus is on the important kinds of applications that...

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About this title

About the Author

Michael K. Ng is an Associate Professor in the Department of Mathematics and also Adjunct Research Fellow in the E-Business Technology Institute at The University of Hong Kong.

Review

From the reviews: "The authors outline recent developments of Markov chain models ... . This book is aimed at students, professionals, practitioners, and researchers in scientific computing and operational research, who are interested in the formulation and computation of queuing and manufacturing systems. It gives a number of useful tools for researchers in real applications ... ." (Alexander I. Zejfman, Zentralblatt MATH, Vol. 1089 (15), 2006) "In this book’s...

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Edition details

• Publisher: Springer
• Publication date: 2005
• ISBN 10: 0387293353
• ISBN 13: 9780387293356
• Binding: Hardcover
• Language: English
• Number of pages: 222