Statistics for Maintenance Modelling: Renewal Processes

# Objectives¤

By the end of this session you will know:

- what renewal theory is
- what the renewal counting process (N(t)) is
- what the renewal function (M(t)) is
- how to calculate the renewal function analytically
- how to calculate the renewal function numerically
- what Laplace transforms are
- what the asymptotic behaviour of the renewal function is
- what alternating renewal processes are
- what discrete renewal processes are.