Stochastic Optimal Control (SOC)-a mathematical theory concerned with minimizing a cost (or maximizing a payout …

aid of probability theory. This book provides a comprehensive and unified coverage of studies in stochastic scheduling … relevant basic theory of probability, and then introduces the basic concepts and notation of stochastic scheduling. In Chapters …

for modern time series econometrics. Mathematical theory is applied to solve stochastic differential equations and to …

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 … level-crossing derivation of the finite time-t probability distributions of excess, age, and total life, in renewal theory …

valuable contribution to the important field of computational network theory …