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A machine is used for machining of a manufactured product. At the beginning of each business day inspection reveals the machine's condition. There are three possible states: 0, 1 and 2. In state 0, the machine is unproductive and must be repaired. The repair costs $ 500 per day and can last more than a day. When the repair is completed, the machine is in perfect working condition (condition 2) and can operate at full capacity, which refers income of $ 400 per day. When the machine is in state 1, it can be used only at half speed, which yields $ 200 per day. In these conditions, assumes that the machine state changes according to a Markov chain with the probability following transition:
0.2 0 0.8
0.4 0.6 0
0.1 0.2 0.7
(A) On average, how many consecutive days the machine is in state 0 ?
(B) On average, what percentage of days the machine is productive?
(C) Calculate the average profit per day.
A. If CD players are able to use the LDD strategy better than pure chance then explain what happens to the signal reliability ration as a CD player detects more cautiously B. As
how do i calculate standard deviation for a frequency distribution
So I can send you a word problem & you van send the answers back in excel for me?
Let f (?) be the production function associated with a single-output technology, and let Y be the production set. Show that Y satisfies constant returns to scale if and only if f (
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