Name: Markov Chains and Decision Processes for Engineers and Managers
SKU: 3688049
Price: 8749.00 TWD
Availability: InStock
Author: Sheskin, Theodore J.
ISBN: 9781420051117

portada Markov Chains and Decision Processes for Engineers and Managers

Markov Chains and Decision Processes for Engineers and Managers

Type

Physical Book

Author

Theodore J. Sheskin

Publisher

CRC Press

Year

2010

Language

English

Pages

492

Format

Hardcover

Dimensions

23.6x15.7x3 cm

Weight

0.79 kg.

ISBN

1420051113

ISBN13

9781420051117

Synopsis "Markov Chains and Decision Processes for Engineers and Managers"

Recognized as a powerful tool for dealing with uncertainty, Markov modeling can enhance your ability to analyze complex production and service systems. However, most books on Markov chains or decision processes are often either highly theoretical, with few examples, or highly prescriptive, with little justification for the steps of the algorithms used to solve Markov models. Providing a unified treatment of Markov chains and Markov decision processes in a single volume, Markov Chains and Decision Processes for Engineers and Managers supplies a highly detailed description of the construction and solution of Markov models that facilitates their application to diverse processes. Organized around Markov chain structure, the book begins with descriptions of Markov chain states, transitions, structure, and models, and then discusses steady state distributions and passage to a target state in a regular Markov chain. The author treats canonical forms and passage to target states or to classes of target states for reducible Markov chains. He adds an economic dimension by associating rewards with states, thereby linking a Markov chain to a Markov decision process, and then adds decisions to create a Markov decision process, enabling an analyst to choose among alternative Markov chains with rewards so as to maximize expected rewards. An introduction to state reduction and hidden Markov chains rounds out the coverage.In a presentation that balances algorithms and applications, the author provides explanations of the logical relationships that underpin the formulas or algorithms through informal derivations, and devotes considerable attention to the construction of Markov models. He constructs simplified Markov models for a wide assortment of processes such as the weather, gambling, diffusion of gases, a waiting line, inventory, component replacement, machine maintenance, selling a stock, a charge account, a career path, patient flow

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Markov Chains and Decision Processes for Engineers and Managers - Sheskin, Theodore J.

Synopsis "Markov Chains and Decision Processes for Engineers and Managers"

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