Forum Discussion – Latihan Soal 1

(Minggu 7)
Sub Topic: Limiting Probability & Rate Matrix

Mr. Smith replaces the battery in his car as soon as it dies. Suppose the battery lifetimes are
iid Erlang with parameters k = 3 and λ=1 (per year). Compute the long-run replacement rate
if Mr. Smith replaces the battery upon failure.

Answer:

Long run replacement rate:

𝑁(𝑡) 1 1 1 1
lim = = = =
𝑡→∞ 𝑡 𝜇 𝑘 3 3
λ 1

STAT6096-Stochastic Processes