Stochastic Modeling with Applications in Supply Chain Management and ICT Systems

Abstract

Fast-growing technology and the development of IT services have yielded the idea of founding a new application of stochastic processes and their properties. We give a new connection between electronic process management and a relatively new stochastic process named the Non-central Polya-Aeppli process. This process is applied as a counting process in the mathematical construction of the given model, and it has been introduced as a counting process in electronic process management.