Fundamentals of Stochastic Models (Operations Research Series) 1st Edition
by Zhe George Zhang(Author)
Publisher finelybook 出版社: CRC Press; 1st edition (May 31, 2023)
Language 语言: English
Print Length 页数: 788 pages
ISBN-10: 036771261X
ISBN-13: 9780367712617
Book Description
By finelybook
Stochastic modeling is a set of quantitative techniques for analyzing practical systems with random factors. This area is highly technical and mainly developed by mathematicians. Most existing books are for those with extensive mathematical training; this book minimizes that need and makes the topics easily understandable.
Fundamentals of Stochastic Models offers many practical examples and applications and bridges the gap between elementary stochastics process theory and advanced process theory. It addresses both performance evaluation and optimization of stochastic systems and covers different modern analysis techniques such as matrix analytical methods and diffusion and fluid limit methods. It goes on to explore the linkage between stochastic models, machine learning, and artificial intelligence, and discusses how to make use of intuitive approaches instead of traditional theoretical approaches.
The goal is to minimize the mathematical background of readers that is required to understand the topics covered in this book. Thus, the book is appropriate for professionals and students in industrial engineering, business and economics, computer science, and applied mathematics.
