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arxiv: 1508.05148 · v1 · pith:PZHFPO6Bnew · submitted 2015-08-20 · 🧮 math.PR

Technical Note for Discrete-Time Diffusion Approximations Motivated from Hospital Inpatient Flow Management

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keywords diffusiondiscrete-timeprocesstextrmnoteapproximateapproximationapproximations
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This note details the development of a discrete-time diffusion process to approximate the midnight customer count process in a $M_\textrm{per}/\textrm{Geo}_\textrm{2timeScale}/N$ system. We prove a limit theorem that supports this diffusion approximation, and discuss two methods to compute the stationary distribution of this discrete-time diffusion process.

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