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Description
Applied Probability Models with Optimization Applications"A clarity of style and a conciseness of treatment which students will find most welcome. The material is valuable and well organized an excellent introduction to applied probability." Journal of the American Statistical Association. This book offers a concise introduction to some of the stochastic processes that frequently arise in applied probability. Emphasis is on optimization models and methods, particularly in the area of decision processes.
"A clarity of style and a conciseness of treatment which students will find most welcome. The material is valuable and well organized ... an excellent introduction to applied probability." -- Journal of the American Statistical Association.This book offers a concise introduction to some of the stochastic processes that frequently arise in applied probability. Emphasis is on optimization models and methods, particularly in the area of decision processes. After reviewing some basic notions of probability theory and stochastic processes, the author presents a useful treatment of the Poisson process, including compound and nonhomogeneous Poisson processes. Subsequent chapters deal with such topics as renewal theory and Markov chains; semi-Markov, Markov renewal, and regenerative processes; inventory theory; and Brownian motion and continuous time optimization models.
Each chapter is followed by a section of useful problems that illustrate and complement the text. There is also a short list of relevant references at the end of every chapter. Students will find this a largely self-contained text that requires little previous knowledge of the subject. It is especially suited for a one-year course in applied probability at the advanced undergraduate or beginning postgraduate level. 1970 edition.
Binding Type: Paperback
Publisher: Dover Publications
Published: 12/04/1992
ISBN: 9780486673141
Pages: 224
Weight: 0.50lbs
Size: 8.46h x 5.38w x 0.44d
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★★★★★ 1
Don’t waste your money or time!
Color: White, Size: Standard - 4 Panel
Don’t waste your money. The instructions make no sense and the metal poles are either sized wrong for the product or screw holes are incorrectly placed, but no two poles matched in size and placement making it impossible to put this together without the panels being warped. No matter how I tried to switch the poles to see if I had them wrong, they always turned out warped and incorrectly fit. I finally gave up and threw everything out - I wasted $50 on this junk and because I didn’t try to put it together immediately after I bought it, it is way too late for a refund. Lesson learned!
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Reviewed in the United States on October 1, 2025
★★★★★ 3
Sturdiness
Color: Black, Size: Standard - 4 Panel
Not so sturdy. It worked well for its intended job, but, it has to be secured to the floor for long term use.
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Reviewed in the United States on March 30, 2026
★★★★★ 5
Hide my hot water heater
Color: Grey, Size: Standard - 4 Panel
I used the divider to hide my hot water heater. It's perfect and looks great
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Reviewed in the United States on April 21, 2026
★★★★★ 4
Wobbly but Usable
Color: Grey, Size: Standard - 4 Panel
A bit wobbly, but good enough for the price when you need a solid background for remote work calls.
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Reviewed in the United States on May 6, 2026
★★★★★ 5
Nice and easy to assemble
Color: Black, Size: Standard - 4 Panel
I absolutely love this 4-panel room divider! It was super easy to assemble — I had it set up in just a few minutes. The material isn’t too see-through, which gives just the right amount of privacy while still letting some light through. It does exactly what I needed it to do and looks so clean and sleek in my space. Perfect balance of style and function — highly recommend!
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Reviewed in the United States on November 7, 2025