Download or read book Markov Chains: Models, Algorithms and Applications written by Wai-Ki Ching and published by Springer Science & Business Media. This book was released on 2006 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Talks about Markov chain models for modeling queueing sequences, Internet, re-manufacturing systems, reverse logistics, inventory systems, bio-informatics, DNA sequences, genetic networks, data mining, and other practical systems. This monograph serves as a tool for analyzing a variety of stochastic (probabilistic) systems.