Mastering chance has, for a long time, been a preoccupation of mathematical research. Today, we possess a predictive approach to the evolution of systems based on the theory of probabilities. Even so, uncovering this subject is sometimes complex, because it necessitates a good knowledge of the underlying mathematics. This book offers an introduction to the processes linked to the fluctuations in chance and the use of numerical methods to approach solutions that are difficult to obtain through an analytical approach. It takes classic examples of inventory and queueing management, and addresses more diverse subjects such as equipment reliability, genetics, population dynamics, physics and even market finance. It is addressed to those at MasterÂs level, at university, engineering school or management school, but also to an audience of those in continuing education, in order that they may discover the vast field of decision support.

Book Information
ISBN 9781786304841
Author GM Cochard
Format Hardback
Page Count 320
Imprint ISTE Ltd
Publisher ISTE Ltd
Weight(grams) 626g