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Contributions to Applied Probability

  • Shelemyahu Zacks
Chapter
  • 31 Downloads
Part of the Statistics for Industry, Technology, and Engineering book series (SITE)

Abstract

In the present chapter, I present mainly distributions of stopping times, which are the first epochs at which compound processes cut given boundaries. These distributions were developed for exact computations of required functionals in various applications in inventory theory, queuing theory, and more. The material discussed here is restricted to the fundamental theory, with numerical illustrations. The reader is referred to the recent book of Zacks (Sample path analysis and boundary crossing times. Lecture notes in mathematics (vol. 2203). Springer, Berlin, 2017). R-functions can be found in the Appendix.

References

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  • Shelemyahu Zacks
    • 1
  1. 1.McLeanUSA

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