(DOWNLOAD) "Renewal Processes" by Kosto V. Mitov & Edward Omey # eBook PDF Kindle ePub Free
eBook details
- Title: Renewal Processes
- Author : Kosto V. Mitov & Edward Omey
- Release Date : January 23, 2014
- Genre: Mathematics,Books,Science & Nature,
- Pages : * pages
- Size : 3455 KB
Description
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.