What are the states and the transition probabilities

Assignment Help Operation Management

Reference no: EM13758738

Mr. Smith reads the local newspaper every day after which he puts it on the top of the pile on his desk. He tidies up his desk every afternoon. If there are more than 5 newspapers in the pile then he puts the entire pile into the garbage, otherwise he does so with probability 1/3 (independently of his other decisions). Consider the number of newspapers Xn in the pile in the evening of day n, that is, after he tidied his desk.

(a) Can you model the process with a Markov chain? If yes, what are the states and the transition probabilities?

(b) Sunday evening the pile was empty. What is the probability that Thursday evening there is exactly one newspaper in the pile?

Reference no: EM13758738

Questions Cloud

Write an analysis on the prevailing economic conditions : Write an analysis on the prevailing economic conditions in Canada and globally. Your report must include discussion on common economic indicators, and the analysis should be current.

Aggregate demand and aggregate supply where appropriate : The federal government employs a budget plan over several fiscal years that results in significant increases in the national debt, with no relief or plans to deal with the problem -

Hiring decisions and employment offers : Suggest two (2) decision-making methods that you would apply when hiring a manager. Then, select two (2) decision-making methods that you would utilize when hiring a regular employee. Specify the main reason why the selected methods would apply to ma..

Environmental law and leveraging greenness : Describe a business owner’s / executive’s obligation to do more for the environment than the law requires. Next, summarize the value of knowing about environmental law (at least some aspects of it), even if you are not working for a company which is ..

What are the states and the transition probabilities : Mr. Smith reads the local newspaper every day after which he puts it on the top of the pile on his desk. He tidies up his desk every afternoon. If there are more than 5 newspapers in the pile then he puts the entire pile into the garbage, otherwise h..

A retail department store is approximately square : A retail department store is approximately square, 300 feet on each side. Each wall has two entrances equally spaced apart. Located at each entranced is a point-of-sale cash register.Suggest a locate area network solution that interconnects all eight..

Responding to the demands of decreased production : Every business encounters situations where decisions made by another party—or changes in consumer demand—affect the livelihood of the company. In this discussion, consider how a decision made by another party could affect the company for which you wo..

Competitive labor cost of equal importance in two industries : How does American Airlines position compare to that of Best Buy's? Is having a competitive labor cost of equal importance in the two industries? Explain give a citation.

What type of poem is death be not proud : What type of poem is "Death, Be Not Proud"? Who is the speaker in Sandburg's "Grass"? Emily Dickinson's poetry was rescued for posterity by.

User Account

All Pages