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Markov Chains and Decision Processes for Engineers and Managers

Markov Chains and Decision Processes for Engineers and Managers Business, Finance & Career

Markov Chains and Decision Processes for Engineers and Managers

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Description
This book presents an introduction to finite Markov chains and Markov decision processes, with applications in engineering and management. It introduces discrete-time, finite-state Markov chains, and Markov decision processes. The text describes both algorithms and applications, enabling students to understand the logical basis for the algorithms and be able to apply them. The applications address problems in government, business, and nonprofit sectors. The author uses Markov models to approximate the random behavior of complex systems in diverse areas, such as management, production, science, health services, finance, and marketing.
Product details
Binding:
Paperback
Edition:
1
Number of Pages:
494
Release Date:
2019-09-19
Publication Date:
2019-09-19
Publisher:
CRC Press
Languages:
Original: English
ISBN10:
0367383438
ISBN13:
9780367383435
GPSR Manufacturer Reference:
Weight:
743 g
Height:
156 cm
Width:
234 cm
Thickness:
26 cm
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