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Description
Applied Probability Models with Optimization Applications"A clarity of style and a conciseness of treatment which students will find most welcome. The material is valuable and well organized an excellent introduction to applied probability." Journal of the American Statistical Association. This book offers a concise introduction to some of the stochastic processes that frequently arise in applied probability. Emphasis is on optimization models and methods, particularly in the area of decision processes.
"A clarity of style and a conciseness of treatment which students will find most welcome. The material is valuable and well organized ... an excellent introduction to applied probability." -- Journal of the American Statistical Association.This book offers a concise introduction to some of the stochastic processes that frequently arise in applied probability. Emphasis is on optimization models and methods, particularly in the area of decision processes. After reviewing some basic notions of probability theory and stochastic processes, the author presents a useful treatment of the Poisson process, including compound and nonhomogeneous Poisson processes. Subsequent chapters deal with such topics as renewal theory and Markov chains; semi-Markov, Markov renewal, and regenerative processes; inventory theory; and Brownian motion and continuous time optimization models.
Each chapter is followed by a section of useful problems that illustrate and complement the text. There is also a short list of relevant references at the end of every chapter. Students will find this a largely self-contained text that requires little previous knowledge of the subject. It is especially suited for a one-year course in applied probability at the advanced undergraduate or beginning postgraduate level. 1970 edition.
Binding Type: Paperback
Publisher: Dover Publications
Published: 12/04/1992
ISBN: 9780486673141
Pages: 224
Weight: 0.50lbs
Size: 8.46h x 5.38w x 0.44d
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4.0 ★★★★★
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Product Reviews
★★★★★ 5
Very exciting story
Format: Paperback
Paradise is where my parents retired and are buried. The house they lived in burned down in the fire after 34 years of wonderful memories with my husband and our 3 children. We are just so grateful that my parents died before the fire, my dad being the last in 2016 at over 100 years old. Our youngest son has autism and trouble reading so this was the perfect book to have him read to me. It’s just at his reading level and was a very exciting story. We appreciate all of the facts about the fire the author put in the last pages of this book, too.
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Reviewed in the United States on March 1, 2020
★★★★★ 5
Fast Pace Scary Read
Format: Kindle
A short read that grabs your heart strings from the beginning and doesn't stop until the very end. You can feel the terror, the fear, the fire and smell the smoke as the kids run for their lives. You cheer the kids on scared for them and the pets. My heart racing, tears forming, worry working its way in, do they make it? Read this book to find out. Kudos to the authors for excellent writing. A book all should read and discuss with their families!!!
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Reviewed in the United States on August 10, 2019
★★★★★ 5
Grabs Your Attention from the Start
Format: Paperback
Well written and definitely grabs and keeps your attention. I read it in one sitting. So did my mom and sister. Just a warning, this book did trigger some anxiety for me because of the fire. It uses actual street names and timeframes. We love to read the “I Survived” series to my son and this one was better in my opinion but I have ties to Paradise.
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Reviewed in the United States on October 11, 2020
★★★★★ 5
Wonderful book
Format: Paperback
I couldn't put it down. So good! Great historical fiction!
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Reviewed in the United States on July 5, 2024
★★★★★ 5
Better condition than described
Format: Paperback
As usual always better condition than described
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Reviewed in the United States on April 29, 2025
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