Modeling Random Processes for Engineers and Managers
eBook - PDF

Modeling Random Processes for Engineers and Managers

  1. 320 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Modeling Random Processes for Engineers and Managers

About this book

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 A previously unpublished computational method for solving equations related to Markov processes is added.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.

Tools to learn more effectively

Saving Books

Saving Books

Keyword Search

Keyword Search

Annotating Text

Annotating Text

Listen to it instead

Listen to it instead

Table of contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Preface
  5. chapter 1. Probability Review
  6. chapter 2. Formulating Markov Chain Models
  7. chapter 3. Markov Chain Calculations
  8. chapter 4. Rewards on Markov Chains
  9. chapter 5. Continuous Time Markov Processes
  10. chapter 6. Queueing Models
  11. chapter 7. Networks of Queues
  12. chapter 8. Using the Transition Diagram to Compute
  13. Appendix 1
  14. Appendix 2
  15. Index

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription
No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn how to download books offline
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 990+ topics, we’ve got you covered! Learn about our mission
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more about Read Aloud
Yes! You can use the Perlego app on both iOS and Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app
Yes, you can access Modeling Random Processes for Engineers and Managers by James J. Solberg in PDF and/or ePUB format, as well as other popular books in Technology & Engineering & Industrial Engineering. We have over one million books available in our catalogue for you to explore.