Time to deplete a resource with Gamma usage

Time to deplete a resource with Gamma usage

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Article ID: iaor1996742
Country: Portugal
Volume: 15
Issue: 2
Start Page Number: 187
End Page Number: 195
Publication Date: Dec 1995
Journal: Investigao Operacional
Authors: ,
Keywords: statistics: distributions
Abstract:

Many situations arise where a given resource is depleted according to a usage variable whose behaviour is described by a Gamma distribution function. A related issue is then deriving the distribution of the time to deplete or consume a given amount of that resource. This is important for planning some operations like in maintenance, distribution and inventory control. A few authors have addressed this point, but the present paper extends their results and suggests approximations for general practice.

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