Well that capacitor is just the central component of the opamp integrator, and an intergrator is what you'd need to convert a pulse width to an amplitude. So, this is really the minimal circuit anyone would expect! (I'm a fair bit surprised you could use that in 1982. This is how "any experienced technical person in the field would do", and that was usually a ground for exclusion from patentability in that era.)
So, yes. It is exactly what does the DC analysis here. You want to look up the basics of Opamp circuits for the theory how that works. If you are interested in how generally the conversion of simple Laplace domain control circuits to opamp circuits with feedbacks work, that's usually taught in courses called "basics of control engineering" or "electronic control systems".
The circuit from that patent is really a pretty typical entry-level exam question for these lectures; it's too much to explain in a stack overflow answer, but if you're an EE student, chances are high you'll encounter such a lecturer sooner or later.