Markov Chains

Author: Wai-Ki Ching
Publisher: Springer Science & Business Media
ISBN: 1461463122
Format: PDF, Kindle
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This new edition of Markov Chains: Models, Algorithms and Applications has been completely reformatted as a text, complete with end-of-chapter exercises, a new focus on management science, new applications of the models, and new examples with applications in financial risk management and modeling of financial data. This book consists of eight chapters. Chapter 1 gives a brief introduction to the classical theory on both discrete and continuous time Markov chains. The relationship between Markov chains of finite states and matrix theory will also be highlighted. Some classical iterative methods for solving linear systems will be introduced for finding the stationary distribution of a Markov chain. The chapter then covers the basic theories and algorithms for hidden Markov models (HMMs) and Markov decision processes (MDPs). Chapter 2 discusses the applications of continuous time Markov chains to model queueing systems and discrete time Markov chain for computing the PageRank, the ranking of websites on the Internet. Chapter 3 studies Markovian models for manufacturing and re-manufacturing systems and presents closed form solutions and fast numerical algorithms for solving the captured systems. In Chapter 4, the authors present a simple hidden Markov model (HMM) with fast numerical algorithms for estimating the model parameters. An application of the HMM for customer classification is also presented. Chapter 5 discusses Markov decision processes for customer lifetime values. Customer Lifetime Values (CLV) is an important concept and quantity in marketing management. The authors present an approach based on Markov decision processes for the calculation of CLV using real data. Chapter 6 considers higher-order Markov chain models, particularly a class of parsimonious higher-order Markov chain models. Efficient estimation methods for model parameters based on linear programming are presented. Contemporary research results on applications to demand predictions, inventory control and financial risk measurement are also presented. In Chapter 7, a class of parsimonious multivariate Markov models is introduced. Again, efficient estimation methods based on linear programming are presented. Applications to demand predictions, inventory control policy and modeling credit ratings data are discussed. Finally, Chapter 8 re-visits hidden Markov models, and the authors present a new class of hidden Markov models with efficient algorithms for estimating the model parameters. Applications to modeling interest rates, credit ratings and default data are discussed. This book is aimed at senior undergraduate students, postgraduate students, professionals, practitioners, and researchers in applied mathematics, computational science, operational research, management science and finance, who are interested in the formulation and computation of queueing networks, Markov chain models and related topics. Readers are expected to have some basic knowledge of probability theory, Markov processes and matrix theory.

Advances in Swarm Intelligence

Author: Ying Tan
Publisher: Springer
ISBN: 3319938185
Format: PDF
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The two-volume set of LNCS 10941 and 10942 constitutes the proceedings of the 9th International Conference on Advances in Swarm Intelligence, ICSI 2018, held in Shanghai, China, in June 2018. The total of 113 papers presented in these volumes was carefully reviewed and selected from 197 submissions. The papers were organized in topical sections namely: multi-agent systems; swarm robotics; fuzzy logic approaches; planning and routing problems; recommendation in social media; predication; classification; finding patterns; image enhancement; deep learning; theories and models of swarm intelligence; ant colony optimization; particle swarm optimization; artificial bee colony algorithms; genetic algorithms; differential evolution; fireworks algorithm; bacterial foraging optimization; artificial immune system; hydrologic cycle optimization; other swarm-based optimization algorithms; hybrid optimization algorithms; multi-objective optimization; large-scale global optimization.

Interactive Collaborative Robotics

Author: Andrey Ronzhin
Publisher: Springer
ISBN: 3319664719
Format: PDF, ePub, Mobi
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This book constitutes the proceedings of the Second International Conference on Interactive Collaborative Robotics, ICR 2017, held in Hatfield, UK, in September 2017, as a satellite event of the 19th International Conference on Speech and Computer, SPECOM 2017. The 30 papers presented in this volume were carefully reviewed and selected from 51 submissions. This new conference invites researchers in the area of social robotics and collaborative robotics to share experience in human-machine interaction research and development of robotic and cyberphysical systems. Topics addressed are: assistive robots, child-robot interaction, collaborative robotics, educational robotics, human-robot interaction, medical robotics, robotic mobility systems, robots at home, robot control and communication, social robotics, as well as safety robot behavior.

Theory and Computation of Tensors

Author: Yimin Wei
Publisher: Academic Press
ISBN: 0128039809
Format: PDF
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Theory and Computation of Tensors: Multi-Dimensional Arrays investigates theories and computations of tensors to broaden perspectives on matrices. Data in the Big Data Era is not only growing larger but also becoming much more complicated. Tensors (multi-dimensional arrays) arise naturally from many engineering or scientific disciplines because they can represent multi-relational data or nonlinear relationships. Provides an introduction of recent results about tensors Investigates theories and computations of tensors to broaden perspectives on matrices Discusses how to extend numerical linear algebra to numerical multi-linear algebra Offers examples of how researchers and students can engage in research and the applications of tensors and multi-dimensional arrays

Operations Research Management Science at Work

Author: Erhan Kozan
Publisher: Springer Science & Business Media
ISBN: 9780792375883
Format: PDF
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There is synergy between the diverse methodologies ofOperations Research and Management Science, and the many problems itseeks to solve. "Operation Research/Management Science at Work" isan example of that synergy. The principal aim of this book is toexamine selected recent research in and applications of OperationalResearch/Management Science. The focus is on research that is ofindustry interest and covers a wide range of topics from major fieldsof OR/MS in a systematic and coherent fashion. Each application ischosen to demonstrate the elegance of their implementations. The bookmeets the needs of applied researchers who are interested inapplications of OR/MS algorithms. Moreover, real world problemstogether with their solutions and implementations are the applicationsthat have been selected for the volume.The Asia Pacific region has embraced business applications of decisionsupport systems in recent years. Many of these applications have thestate of the art OR/MS techniques in this region embedded in them.Hence, the increased use of OR/MS techniques in this region providesopportunities for identifying methodological advances that are takingplace as a result of the unique nature of the applications. These alsoprovide opportunities for exploring synergies and interfaces thatexist between OR/MS, both in terms of applications and theoreticaladvances.

Markov Chains Models Algorithms and Applications

Author: Wai-Ki Ching
Publisher: Springer Science & Business Media
ISBN: 038729337X
Format: PDF, ePub, Docs
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Markov chains are a particularly powerful and widely used tool for analyzing a variety of stochastic (probabilistic) systems over time. This monograph will present a series of Markov models, starting from the basic models and then building up to higher-order models. Included in the higher-order discussions are multivariate models, higher-order multivariate models, and higher-order hidden models. In each case, the focus is on the important kinds of applications that can be made with the class of models being considered in the current chapter. Special attention is given to numerical algorithms that can efficiently solve the models. Therefore, Markov Chains: Models, Algorithms and Applications outlines recent developments of Markov chain models for modeling queueing sequences, Internet, re-manufacturing systems, reverse logistics, inventory systems, bio-informatics, DNA sequences, genetic networks, data mining, and many other practical systems.

Encyclopedia of Operations Research and Management Science

Author: Saul I. Gass
Publisher: Springer Science & Business Media
ISBN: 1461304598
Format: PDF, ePub, Docs
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Operations Research: 1934-1941," 35, 1, 143-152; "British The goal of the Encyclopedia of Operations Research and Operational Research in World War II," 35, 3, 453-470; Management Science is to provide to decision makers and "U. S. Operations Research in World War II," 35, 6, 910-925; problem solvers in business, industry, government and and the 1984 article by Harold Lardner that appeared in academia a comprehensive overview of the wide range of Operations Research: "The Origin of Operational Research," ideas, methodologies, and synergistic forces that combine to 32, 2, 465-475. form the preeminent decision-aiding fields of operations re search and management science (OR/MS). To this end, we The Encyclopedia contains no entries that define the fields enlisted a distinguished international group of academics of operations research and management science. OR and MS and practitioners to contribute articles on subjects for are often equated to one another. If one defines them by the which they are renowned. methodologies they employ, the equation would probably The editors, working with the Encyclopedia's Editorial stand inspection. If one defines them by their historical Advisory Board, surveyed and divided OR/MS into specific developments and the classes of problems they encompass, topics that collectively encompass the foundations, applica the equation becomes fuzzy. The formalism OR grew out of tions, and emerging elements of this ever-changing field. We the operational problems of the British and U. s. military also wanted to establish the close associations that OR/MS efforts in World War II.

Decision Methods for Forest Resource Management

Author: Joseph Buongiorno
Publisher: Academic Press
ISBN: 0121413608
Format: PDF, Docs
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Decision Methods for Forest Resource Management focuses on decision making for forests that are managed for both ecological and economic objectives. The essential modern decision methods used in the scientific management of forests are described using basic algebra, computer spreadsheets, and numerous examples and applications. Balanced treatment is given throughout the book to the ecological and economic impacts of alternative management decisions in both even-aged and uneven-aged forests. * In-depth coverage of both ecological and economic issues * Hands-on examples with Excel spreadsheets; electronic versions available on the authors' website * Many related exercises with solutions * Instructor's Manual available upon request