Applied Probability and Queues

By:

Soeren Asmussen

Format:

Hardback

Series:

Stochastic Modelling and Applied Probability

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Description

This book serves as an introduction to queuing theory and provides a thorough treatment of tools like Markov processes, renewal theory, random walks, Levy processes, matrix-analytic methods and change of measure. It also treats in detail basic structures like GI/G/1 and GI/G/s queues, Markov-modulated models and queuing networks, and gives an introduction to areas such as storage, inventory, and insurance risk. Exercises are included and a survey of mathematical prerequisites is given in an appendix This much updated and expanded second edition of the 1987 original contains an extended treatment of queuing networks and matrix-analytic methods as well as additional topics like Poisson's equation, the fundamental matrix, insensitivity, rare events and extreme values for regenerative processes, Palm theory, rate conservation, Levy processes, reflection, Skorokhod problems, Loynes' lemma, Siegmund duality, light traffic, heavy tails, the Ross conjecture and ordering, and finite buffer problems. Students and researchers in statistics, probability theory, operations research, and industrial engineering will find this book useful.

Release date Australia

May 15th, 2003

Author

Soeren Asmussen

Audiences

General (US: Trade)
Undergraduate

Edition

2nd ed. 2003

Illustrations

XII, 438 p.

Pages

438

Series

Stochastic Modelling and Applied Probability

Dimensions

156x234x25

ISBN-13

9780387002118

Product ID

2048589

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