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Time-dependent results in storage theory

Published online by Cambridge University Press:  14 July 2016

N. U. Prabhu*
Affiliation:
The University of Western Australia

Extract

The probability theory of storage systems formulated by P. A. P. Moran in 1954 has now developed into an active branch of applied probability. An excellent account of the theory, describing results obtained up to 1958 is contained in Moran's (1959) monograph, Considerable progress has since been made in several directions-the study ofthe time-dependent behaviour ofstochastic processes underlying Moran's original model, modifications of this model, as well as the formulation and solution of new models. The aim of this paper is to give an expository account of these developments; a comprehensive treatment will be found in the author's forthcoming book [Prabhu (1964)].

Type
Review Paper
Copyright
Copyright © Applied Probability Trust 1964 

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