Stochastic Reservoir Calculations

MaRDI QIDQ6422867zbMATH OpenFDO

Authors Steven R. Finch

Publication date 8 January 2023

Mathematics Subject Classification ID

Probability in computer science (algorithm analysis, random structures, phase transitions, etc.) (68Q87) Stationary stochastic processes (60G10) Applications of queueing theory (congestion, allocation, storage, traffic, etc.) (60K30) Laplace transform (44A10) History of probability theory (60-03) Inventory, storage, reservoirs (90B05) History of operations research and mathematical programming (90-03)

Abstract: Prabhu (1958) obtained the stationary distribution of storage level $Z_t$ in a reservoir of finite volume $v$, given an inflow $X_t$ and an outflow $Y_t$. Time $t$ is assumed to be discrete, $X_{t}sim$ Gamma$(p,mu)$ are independent and $p$ is a positive integer. The mean inflow is $p/mu$; the target outflow is $m$ (constant). We attempt to clarify intricate details, often omitted in the literature, by working through several examples. Of special interest are the probabilities of depletion ($Z_t=0$) and spillage ($Z_t=v$). For prescribed {$v,p,mu$}, what value of $m$ minimizes both of these?

This page was built for publication: Stochastic Reservoir Calculations

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q6422867)