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Stochastic Processes

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Revised and updated to provide a better, broader and more elaborate exposure of the subject. New to this numerous application examples and exercises of stochastic processes in engineering systems and management; detailed and current material on Markov chains, Martingales, renewal theory, queueing and reliability; more information on the latest research including the regenerative (stochastic) inventory system; an up-to-date extensive bibliography and references at each chapter's end.

598 pages, Hardcover

First published January 1, 1982

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J. Medhi

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October 26, 2016
i read this theory and example nice
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