Markov Models Related to Inventory Systems, Control Charts, and Forecasting Methods
<p id="p2">A Markov model describes a randomly varying system that satisfies the Markov property. This means that future and past states at any time are independent of the current state. The two most commonly used types of Markov models are Markov chains and higher-order Markov chains. Therefore, th...
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| Autores principales: | , |
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| Formato: | Capítulo de libro |
| Lenguaje: | inglés |
| Publicado: |
IntechOpen
2023
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| Materias: | |
| Acceso en línea: | https://www.intechopen.com/chapters/1123787 |
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