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By reducing mathematical detail and focusing on real-world applications, this book provides engineers with an easy-to-understand overview of stochastic modeling. An entire chapter is included on how to set up the problem, and then another complete chapter presents examples of applications before doing any math. A previously unpublished computational method for solving equations related to Markov processes is added. The book shows how to add costs or revenues to the basic probability structures without much additional effort. In addition, numerous examples are included that show how the theory can be used. Engineers will also find explanations on how to formulate word problems into the models that the math worked on.

Buy Modeling Random Processes for Engineers and Managers book by James J. Solberg from Australia's Online Bookstore, Boomerang Books.

Book Details

ISBN: 9780470322550
ISBN-10: 0470322551
Format: Hardback
(254mm x 208mm x 17mm)
Pages: 320
Imprint: John Wiley & Sons Ltd
Publisher: John Wiley and Sons Ltd
Publish Date: 30-Dec-2008
Country of Publication: United Kingdom

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