Stochastic Methods for Production Processes

In [v. Collani, Theoretical Stochastics, Heldermann Verlag, 2004] and [v. Collani, Empirical Stochastics, Heldermann Verlag, 2004] Stochastics, the Science of Prediction is re-established, its basic concepts are developed and fundamental stochastic procedures are introduced. Stochastics is defined as the branch of science which deals with the aspect of “uncertainty”. As uncertainty constitutes a major problem in all area of life, the principles developed in stochastics are universally valid.