On the Use of the Power Series Algorithm for General Markov Processes, with an Application to a Petri Net

Published Online:https://doi.org/10.1287/ijoc.9.1.51

The power series algorithm has been developed as numerical procedure for solving queueing models. This paper shows that it can be used for each Markov process with a single recurrent class. This applies in particular to finite state processes, which is illustrated with the analysis of a bounded stochastic Petri net model.

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