Prof. Srinivas Chakravarthy
Kettering University, Flint, USA
Matrix-analytic methods in stochastic modeling
In this talk we will present an overview of matrix-analytic methods in stochastic modeling and also discuss a few examples using such methods. Matrix-analytic methods were introduced by Neuts in the 1980s and these have been applied to study many stochastic models since then. Recently, I published a 2-volume book on this topic to enable students and practitioners to implement the methods to study stochastic models of interest in practice, and the presentation will be based on this publication.