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MONTE CARLO MARKOV CHAIN (MCMC) STOCHASTIC MODELING OF SUPPLY CHAIN [PDF]

open access: diamondAnnals: Series on engineering sciences (Academy of Romanian Scientists)
Effective inventory management in multi-echelon supply chains is challenged by stochastic demand and uncertain lead times, which amplify variability and increase operational costs.
Marcel ILIE, Augustin SEMENESCU
doaj   +2 more sources

A Simple Markov Chain [PDF]

open access: yesSHS Web of Conferences, 2023
In this paper, Markov chain is used to model the reproduction of the fixed finite population, and use binomial distribution to discuss the probability of gen inheritance between generations population genes and establish transfer matrix ,using ...
Zhai Qian
doaj   +1 more source

Affects affect affects: A Markov Chain [PDF]

open access: yesFrontiers in Psychology, 2023
Pietro Cipresso   +3 more
doaj   +2 more sources

Multi-strategy evolutionary games: A Markov chain approach.

open access: yesPLoS ONE, 2022
Interacting strategies in evolutionary games is studied analytically in a well-mixed population using a Markov chain method. By establishing a correspondence between an evolutionary game and Markov chain dynamics, we show that results obtained from the ...
Mahdi Hajihashemi   +1 more
doaj   +2 more sources

Cellular Automata and Markov Chain Based Urban Growth Prediction

open access: yesInternational Journal of Environment and Geoinformatics, 2021
The urban share of the Indian population jumped from 18% in 1961 to 31.16% in 2011 (Gupta et.al2013). This huge spurt in growth of the population is putting a huge demand on available land resource.
Cellular Automata and Markov Chain Based Urban Growth Prediction
doaj   +1 more source

Markov chains and applications

open access: yesSelecciones Matemáticas, 2022
This work has three important purposes: first it is the study of Markov Chains, the second is to show that Markov chains have different applications and finally it is to model a process of this behaves. Throughout this work we will describe what a Markov
Mississippi Valenzuela
doaj   +1 more source

Open Markov Type Population Models: From Discrete to Continuous Time

open access: yesMathematics, 2021
We address the problem of finding a natural continuous time Markov type process—in open populations—that best captures the information provided by an open Markov chain in discrete time which is usually the sole possible observation from data.
Manuel L. Esquível   +2 more
doaj   +1 more source

Analysis and Application of Grey-Markov Chain Model in Tax Forecasting

open access: yesJournal of Mathematics, 2021
Tax data is a typical time series data, which is subject to the interaction and influence of economic and political factors and has dynamic and highly nonlinear characteristics.
Huidi Zhang, Yimao Chen
doaj   +1 more source

Virtual Markov Chains

open access: yesNew Zealand Journal of Mathematics, 2021
We introduce the space of virtual Markov chains (VMCs) as a projective limit of the spaces of all finite state space Markov chains (MCs), in the same way that the space of virtual permutations is the projective limit of the spaces of all permutations of finite sets.We introduce the notions of virtual initial distribution (VID) and a virtual transition ...
Evans, Steven, Jaffe, Adam Q.
openaire   +4 more sources

THE IMPLEMENTATION OF FINITE-STATES CONTINUOUS TIME MARKOV CHAIN ON DAILY CASES OF COVID-19 IN BANDUNG

open access: yesBarekeng, 2023
Markov chain is a stochastic process to describe a phenomenon in the future based on a previous state. In practice, Markov chains are distinguished by time into two, namely discrete-time Markov chain and continuous-time Markov Chain.
Putri Monika   +3 more
doaj   +1 more source

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