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Authors: Klara Janglajew 1 and Olga Lavrenyk 2

Affiliations: 1 University of Bialystok, Poland ; 2 Kiev National University of Economics, Ukraine

Keyword(s): Discrete stochastic system; Markov chain; Initial moments.

Related Ontology Subjects/Areas/Topics: Discrete Event Systems ; Informatics in Control, Automation and Robotics ; Signal Processing, Sensors, Systems Modeling and Control

Abstract: We develop a stochastic model in which a recursive formula is derived for computing the mean value of income from sales of bus tickets. The model takes into consideration basic variable costs and the flow of passengers is given by a Poisson process. The recursive formula for the mean income is in the form of a linear discrete system with a random inhomogeneous part.

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Paper citation in several formats:
Janglajew, K. and Lavrenyk, O. (2004). A STOCHASTIC MODEL OF PASSENGER TRANSPORT. In Proceedings of the First International Conference on Informatics in Control, Automation and Robotics - Volume 3: ICINCO; ISBN 972-8865-12-0; ISSN 2184-2809, SciTePress, pages 198-202. DOI: 10.5220/0001144601980202

@conference{icinco04,
author={Klara Janglajew. and Olga Lavrenyk.},
title={A STOCHASTIC MODEL OF PASSENGER TRANSPORT},
booktitle={Proceedings of the First International Conference on Informatics in Control, Automation and Robotics - Volume 3: ICINCO},
year={2004},
pages={198-202},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0001144601980202},
isbn={972-8865-12-0},
issn={2184-2809},
}

TY - CONF

JO - Proceedings of the First International Conference on Informatics in Control, Automation and Robotics - Volume 3: ICINCO
TI - A STOCHASTIC MODEL OF PASSENGER TRANSPORT
SN - 972-8865-12-0
IS - 2184-2809
AU - Janglajew, K.
AU - Lavrenyk, O.
PY - 2004
SP - 198
EP - 202
DO - 10.5220/0001144601980202
PB - SciTePress