Discrete Stochastic Models and Applications for Reliability Engineering and Statistical Quality Control

Discrete stochastic models are tools that allow us to understand, control, and optimize engineering systems and processes. This book provides real-life examples and illustrations of models in reliability engineering and statistical quality control and establishes a connection between the theoretical framework and their engineering applications.

The book describes discrete stochastic models along with real-life examples and explores not only well-known models, but also comparatively lesser kn...