Stochastic Models in Operations Research

Download or read book Stochastic Models in Operations Research written by Daniel P. Heyman and published by Courier Corporation. This book was released on 2004-01-01 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.