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The Residual life of the renewal process: a simple algorithm

Author: Baganha, M. P. ; Pyke, D. F. ; Ferrer, GeraldoINSEAD Area: Technology and Operations Management Series: Working Paper ; 96/31/TM Publisher: Fontainebleau : INSEAD, 1996.Language: EnglishDescription: 10 p.Type of document: INSEAD Working Paper Online Access: Click here Abstract: We develop a simple algorithm, that 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 distribution
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We develop a simple algorithm, that 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 distribution

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