ON/OFF STORAGE SYSTEMS WITH STATE-DEPENDENT INPUT, OUTPUT, AND SWITCHING RATES

We consider a storage model that can be on or off. When on, the content increases at some state-dependent rate and the system can switch to the off state at a state-dependent rate as well. When off, the content decreases at some state-dependent rate (unless it is at zero) and the system can switch to the on position at a state-dependent rate. This process is a special case of a piecewise deterministic Markov process. We identify the stationary distribution and conditions for its existence and uniqueness.

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