{"product_id":"elements-of-stochastic-modelling","title":"Elements Of Stochastic Modelling","description":"This textbook has been developed from the lecture notes for a one-semester course on stochastic modelling. It reviews the basics of probability theory and then covers the following topics: Markov chains, Markov decision processes, jump Markov processes, elements of queueing theory, basic renewal theory, elements of time series and simulation. Rigorous proofs are often replaced with sketches of arguments — with indications as to why a particular result holds, and also how it is connected with other results — and illustrated by examples. Wherever possible, the book includes references to more specialised texts containing both proofs and more advanced material related to the topics covered.","brand":"World Scientific Publishing Co Pte Ltd","offers":[{"title":"Default Title","offer_id":54261848932696,"sku":"9789812383006","price":59.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9789812383006_996a6632-9ece-4632-97ab-b649a77c279f.jpg?v=1777284020","url":"https:\/\/agendabookshop.com\/products\/elements-of-stochastic-modelling","provider":"Agenda Bookshop","version":"1.0","type":"link"}