Markov Processes for Stochastic Modeling

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This book presents an algebraic development of the theory of countable state space Markov chains with discrete and continuous time parameters. It emphasizes time-dependent behavior, including first passage times of Markov chains, and provides numerous examples from queueing, reliability, and other models.This book presents an algebraic development of the theory of countable state space Markov chains with discrete and continuous time parameters.