Calculate its stationary probabilities, Basic Statistics

Assignment Help:

A small specialized workshop is used to perform periodic check-up on some high-tech devices. The check up is made in three stages whose durations are independent random variables with geometric distribution with averages of 2, 3 and 1 days, respectively, for the 1st, 2nd and 3rd stage. The workshop issmall, only one device can be processed at once. In addition, when a step is completed, the next step of the work can not begin until the beginning of the next day business. When step 3 is completed, the development of the device is terminated and the Work resumed on another device at the beginning of the next business day. Let Xn be the step During the day number n.

(A) show that {Xn, n = 0, 1, 2,. . .} Is an irreducible Markov chain and build its matrix of transition probabilities.

(B) Calculate its stationary probabilities. Note: no matrix inversion is required.

(C) Suppose that the first step requires the presence of three (3) technicians while the second stage involves one(1),and third  requires two (2). On average how many technicians are working each  day?

(D) On average, how many technician-day does it take to make the check-up of a device like this?

 


Related Discussions:- Calculate its stationary probabilities

Measure of dispersion, What are the uses of measures of dispersion in the f...

What are the uses of measures of dispersion in the field of civil engineering?

accounting, Fenn Museum, a nongovernmental not-for-profit organization, ha...

Fenn Museum, a nongovernmental not-for-profit organization, had the following balances in its statement of functional expenses: Education $300,000 Fundraising 250,000 Management an

Why is interest expense a no operating expense, Why is interest expense a n...

Why is interest expense a no operating expense? Attention cost is a no operating cost when it is not part of a business's primary functions. For example, a store's primary func

What is hurdle rate, What is hurdle rate? In investment spending budget...

What is hurdle rate? In investment spending budget, challenge amount is the minimal amount that an organization desires to earn when getting a venture. Hence the challenge amou

Define salaries, Define Salaries Incomes are usually associated with "wh...

Define Salaries Incomes are usually associated with "white-collar" employees such as employees in offices, supervisors, experts, and experts. Paid employees are often paid semi-

The impact of the shift to ifrs, How do you think the banking sector is goi...

How do you think the banking sector is going to get impacted?   Manager 1: The impact of the shift to IFRS is going to be much higher in the banking sector. This impact woul

What is Agency financial reporting system (afrs), What is Agency financial ...

What is Agency financial reporting system (afrs) The state-wide sales system managed by the Workplace of Economical Control. AFRS is the condition of Washington''s established sa

Management accounting, 19. Welnor Industrial Gas Corporation supplies acety...

19. Welnor Industrial Gas Corporation supplies acetylene and other compressed gases to industry. Data regarding the store''s operations follow: • Sales are budgeted at $320,000 fo

Plot a histogram of sample hypnotized, Computer Project for Student Exam Sc...

Computer Project for Student Exam Scores The data in the excel spread sheet titled Data for Hypothesis Testing in the column titled Scores from Student Population represents m

Relevant costs to decision-making , Foster Company makes 20,000 units per y...

Foster Company makes 20,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows: Direct materials $24.70 Dir

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd