Finite Markov Chain in Inventory Control
| Main Author: | Nasution, Hamidah |
|---|---|
| Format: | Article PeerReviewed Book |
| Bahasa: | ind |
| Terbitan: |
IOP Publishing
, 2020
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| Subjects: | |
| Online Access: |
http://digilib.unimed.ac.id/41384/1/PEER%20REVIEWER.pdf http://digilib.unimed.ac.id/41384/ https://iopscience.iop.org/article/10.1088/1742-6596/1462/1/012039/pdf |
Daftar Isi:
- In this paper we present an introduction to the finite markov chain. Transition probabilities are calculated, as well as a transition probability matrix. We present the necessary fundamentals of probability theory on markov chains for stochastic processes and stochastic modelling in inventory control.