The book describes discrete stochastic models along with real-life examples and explores not only well-known models, but also comparatively lesser known ones. It includes definitions, concepts, and methods with a clear understanding of their use in reliability engineering and statistical quality control fields. Also covered are the recent advances and established connections between the theoretical framework of discrete stochastic models and their engineering applications.
An ideal reference for researchers in academia and graduate students working in the fields of operations research, reliability engineering, quality control, and probability and statistics.
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