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Markov chain
(redirected from Discrete-time Markov chain)

   Also found in: Medical, Acronyms, Wikipedia, Hutchinson 0.15 sec.
(probability)Markov chain - (Named after Andrei Markov) A model of sequences of events where the probability of an event occurring depends upon the fact that a preceding event occurred.

A Markov process is governed by a Markov chain.

In simulation, the principle of the Markov chain is applied to the selection of samples from a probability density function to be applied to the model. Simscript II.5 uses this approach for some modelling functions.



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Critically acclaimed text for computer performance analysis-now in its second edition The Second Edition of this now-classic text provides a current and thorough treatment of queuing systems, queuing networks, continuous and discrete-time Markov chains, and simulation.
 
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