Residual life of the renewal process: A simple algorithm

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

doi:10.1002/(SICI)1520-6750(199906)46:4<435::AID-NAV6>3.0.CO;2-I

Residual life of the renewal process: A simple algorithm

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

NOVA School of Business and Economics (NOVA SBE)

Research output: Contribution to journal › Article › peer-review

9 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 language	English
Pages (from-to)	435-443
Number of pages	9
Journal	Naval Research Logistics
Volume	46
Issue number	4
DOIs	https://doi.org/10.1002/(SICI)1520-6750(199906)46:4<435::AID-NAV6>3.0.CO;2-I
Publication status	Published - 1 Jun 1999

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10.1002/(SICI)1520-6750(199906)46:4<435::AID-NAV6>3.0.CO;2-I

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title = "Residual life of the renewal process: A simple algorithm",

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.",

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AU - Pyke, David F.

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AB - 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.

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Residual life of the renewal process: A simple algorithm

Abstract

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