Stochastic Models in Operations Research Stochastic Optimizations

This 2nd volume of a 2-volume set explores the central facts and ideas of stochastic processes, illustrating their use in models based on applied and theoretical investigations. It introduces myopic optimal policies, Markov decision processes, generalizations of MDPs and related computational considerations, monotone optimal policies, and sequential games. 1984 edition. Includes 43 figures and 50 tables.Sobel, Matthew J. is the author of 'Stochastic Models in Operations Research Stochastic Optimizations', published 2003 under ISBN 9780486432601 and ISBN 0486432602.