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These models are used for analyzing a system which changes over a period of time among various possible outcomes or states. The models while dealing with such systems describe transitions in terms of transition probabilities of various states. These models have been used to test brand loyalty and brand switching tendencies of consumers where each system state is considered to be a particular brand purchase. The have also been used in reliability analysis where the states of the system are the various levels of performance of the equipment being monitored.
CLASSIFICATION OF DOCUMENTS BY PHYSICAL CHARACTERISTICS : Documents of various types have been classified on the basis of their physical characteristics, familiarity
current economic situation
Question: Spencerville Products is expanding its operations west of the Mississippi. Its first step is to build a manufacturing facility in Denver to satisfy demand on the W
two person zero sum game
undertake the proposed research investigation in accordance with the agreed specification and procedures
b. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y pape
if one no. is repeated 2-3 times in machine-1 and machine-2 what is to be prefer first
The action phase consists of making recommendations for remedial action to those who first posed the problem and who control the operations directly. These recommendatio
#questiSix Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no ass
Solve by simplex method Maximize Z = 5x 1 + 3x 2 Subject to 3x 1 + 5x 2 ≤ 15 5x 1 + 2x 2 ≤ 10 & x 1 ≥ 0, x 2 ≥ 0 [Ans. Max Z = 235/19
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