Residual life of the renewal process: A simple algorithm

Manuel P. Baganha, Geraldo Ferrer, David F. Pyke

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

We develop a simple algorithm, which does not require convolutions, for computing the distribution of the residual life when the renewal process is discrete. We also analyze the algorithm for the particular case of lattice distributions, and we show how it can apply to an inventory problem.

Original languageEnglish
Pages (from-to)435-443
Number of pages9
JournalNaval Research Logistics
Volume46
Issue number4
DOIs
Publication statusPublished - 1 Jun 1999

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