(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.