Renewal Processes [electronic resource] / by Kosto V. Mitov, Edward Omey.
Material type:
TextSeries: SpringerBriefs in StatisticsPublisher: Cham : Springer International Publishing : Imprint: Springer, 2014Description: VIII, 122 p. 1 illus. online resourceContent type: - text
- computer
- online resource
- 9783319058559
- 519.2 23
- QA273.A1-274.9
- QA274-274.9
| Item type | Current library | Collection | Call number | Status | Date due | Barcode | Item holds | |
|---|---|---|---|---|---|---|---|---|
eBook
|
e-Library | EBook | Available |
Preface -- Renewal Processes -- Discrete Time Renewal Processes -- Extensions and Applications -- Appendix: Convolutions and Laplace Transforms.
This monograph serves as an introductory text to classical renewal theory and some of its applications for graduate students and researchers in mathematics and probability theory. Renewal processes play an important part in modeling many phenomena in insurance, finance, queuing systems, inventory control and other areas. In this book, an overview of univariate renewal theory is given and renewal processes in the non-lattice and lattice case are discussed. A pre-requisite is a basic knowledge of probability theory.