Level Crossing Methods in Stochastic Models (Hardcover, 2nd ed. 2017)

This is a complete update of the first edition of Level Crossing Methods in Stochastic Models, which was published in 2008. Level crossing methods are a set of sample-path based mathematical tools used in applied probability to establish reliable probability distributions. Since the basis for solving any applied probability problem requires a reliable probability distribution, Level Crossing Methods in Stochastic Models, Second Edition is a useful tool for all researchers working on stochastic application problems, including inventory control, queueing theory, reliability theory, actuarial ruin theory, renewal theory, pharmacokinetics, and related Markov processes. The second edition includes a new section with a novel derivation of the Benes series for M/G/1 queues. It provides new results on the service time for three M/G/I queueing models with bounded workload. It analyzes new applications of queues where zero-wait customers get exceptional service, including several examples on M/G/1 queues, and a new section on G/M/1 queues. Additionally, there are two other important new sections: on the level-crossing derivation of the finite time-t probability distributions of excess, age, and total life, in renewal theory; and on a level-crossing analysis of a risk model in Insurance. The original Chapter 10 has been split into two chapters: the new chapter 10 is on renewal theory, and the first section of the new Chapter 11 is on a risk model. More explicit use is made of the renewal reward theorem throughout, and many technical and editorial changes have been made to facilitate readability. Percy H. Brill, Ph.D., is a Professor emeritus at the University of Windsor, Canada. Dr. Brill is the creator of the level crossing method for analyzing stochastic models. He has published extensively in stochastic processes, queueing theory and related models, especially using level crossing methods.

General

Imprint:	Springer International Publishing AG
Country of origin:	Switzerland
Series:	International Series in Operations Research & Management Science, 250
Release date:	May 2017
First published:	2017
Authors:	Percy H. Brill
Dimensions:	235 x 155 x 32mm (L x W x T)
Format:	Hardcover
Pages:	559
Edition:	2nd ed. 2017
ISBN-13:	978-3-319-50330-1
Categories:	Books > Business & Economics > Business & management > Management & management techniques > Operational research Promotions
LSN:	3-319-50330-8
Barcode:	9783319503301

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