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A first passage problem and its applications to the analysis of a class of stochastic models
1992
Journal of Applied Mathematics and Stochastic Analysis
A problem of the first passage of a cumulative random process with generally distributed discrete or continuous increments over a fixed level is considered in the article as an essential part of the analysis of a class of stochastic models (bulk queueing systems, inventory control and dam models).Using direct probability methods the authors find various characteristics of this problem: the magnitude of the first excess of the process over a fixed level, the shortage before the first excess, the
doi:10.1155/s1048953392000066
fatcat:dtltqxiwlnblrafhf3hwrperua