Markov chains make it possible to predict the future state of a system from its present state ignoring its past history. Surprisingly, despite the widespread use of Markov chains in many areas of science and technology, their applications in chemical engineering have been relatively meager. A possible reason for this phenomenon might be that books containing material on this subject have been written in such a way that the simplicity of Markov chains has been shadowed by the tedious mathematical derivations. Thus, the major objective of writing this book has been to try to change this...