PλM-policy for a dam with input formed by a compound Poisson process

PλM-policy for a dam with input formed by a compound Poisson process

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Article ID: iaor19992714
Country: United Kingdom
Volume: 35
Issue: 2
Start Page Number: 482
End Page Number: 488
Publication Date: Jun 1998
Journal: Journal of Applied Probability
Authors: ,
Abstract:

An infinite dam with input formed by a compound Poisson process is considered. As an output policy, we adopt the PλM-policy. The stationary distribution and expectation of the level of water in the reservoir are obtained.

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