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Some new results in storage theory
Published online by Cambridge University Press: 14 July 2016
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In the storage model proposed by Kendall [6], the input is assumed to be a stochastic process with stationary independent increments, and the release is continuous and is at a unit rate. The storage process arising from this model is known to reach a steady state if the expected net input per unit time is negative. In this paper we consider the situation where this expected net input is nonnegative and derive limiting distributions for the wet period, total dry period during a given time interval and the dam content.
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- Copyright © Applied Probability Trust 1968
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