This edited volume contains 16 research articles. It presents recent and pressing issues in stochastic processes, control theory, differential games, optimization, and their applications in finance, manufacturing, queueing networks, and climate control. One of the salient features is that the book is highly multi-disciplinary. The book is dedicated to Professor Suresh Sethi on the occasion of his 60th birthday, in view of his distinguished career.
Contributing authors of the volume are many of the leading researchers in the application and optimization of Control Theory in the Applied Sciences
Examines the introduction of stochastic analysis and stochastic control techniques leading to the revolution in manufacturing and financial industries and how these control theory mechanisms and techniques continue to exert influence on the financial and manufacturing industries. This treatment will give the book the characteristics of a handbook