Introduction to Probability Models: Operations Research. Volume 2This text, the second volume of Wayne Winston's successful OPERATIONS RESEARCH: APPLICATIONS AND ALGORITHMS, FOURTH EDITION, covers probability models with recent contributions from financial engineering, computational simulation and manufacturing. The specific attention to probability models with the addition of recent practical breakthroughs makes this the first text to introduce these ideas together at an accessible level. Excellent problem sets abound. The text provides a balanced approach by developing the underlying theory while illustrating them with interesting examples. All of the necessary mathematical requirements are reviewed in Chapter 1. |
Contents
Review of Calculus | 1 |
1 | 7 |
1 | 13 |
7 | 22 |
Decision Making | 37 |
Probabilistic Inventory Models | 137 |
Prospect Theory | 145 |
5 | 155 |
8 | 388 |
Probabilistic Dynamic | 401 |
State Is Certain 273 | 410 |
4 | 419 |
5 | 430 |
Simulation with Process Model | 448 |
Simulation with the Excel | 469 |
Product Simulations | 513 |
R S Periodic Review Policy | 164 |
Markov Chains | 180 |
3 | 188 |
6 | 199 |
Deterministic Dynamic | 218 |
3 | 226 |
Programming Recursions 246 | 381 |
Optimization under Uncertainty with | 532 |
Option Pricing and Real Options | 565 |
Portfolio Risk Optimization | 609 |
Forecasting Models | 632 |
Risk Crib Sheet | 709 |
Index | 723 |
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Introduction to Probability Models: Operations Research. Volume 2 Wayne L. Winston No preview available - 2003 |