Discover how credibility theory helps actuaries use historical data to estimate risks and set insurance premiums; learn how ...
Abstract: Wang and Hart [1] introduced a new spare parts prediction model based on the Erlang C queueing model under general conditions including intermittent uses, that overcomes the drawback in the ...
The subjective theory of value defines how an object's worth fluctuates according to personal views and context. Understand ...
Abstract: This study investigates a multi-server queueing-inventory system in a random environment. The system has an unlimited waiting space and an inventory ...
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