Uncertain Renewal Processes

Viac o knihe

Focusing on renewal processes within probability, uncertainty, and chance theories, this book delves into their applications in maintenance and insurance risk models. It emphasizes methods for deriving limits of renewal rates, reward rates, and availability rates, showcasing their extensibility to other models. The systematic treatment of various renewal processes, including renewal reward and alternating renewal processes, makes it a valuable resource for researchers, engineers, and graduate students in mathematics, information science, operations research, and industrial engineering.