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Suppose that at any period of time a photo-copier machine can either be working properly, in need of maintenance, in need of minor repair, or in need of major repair. If the photocopier is working, the chances that it will require maintenance, minor repair, or major repair in the next time period are respectively 0:15, 0:05, 0:03. Assume that the probability that the maintenance is successfully done in the next period is 1, the probability that the minor repair is successfully done in the next period is 0:8, and the probability that the major repair is successfully done in the next period is 0:5. Construct a Markov Chain and its steady-state probabilities that would allow you to answer the following question: If the owner of the photocopier has to pay $10 for every period that it is not working properly, what is the expected cost per period of the photocopy
Project managers frequently face competing constraints. Identify these common constraints and describe approaches that project managers can use to make the trade-offs required to s
Do you feel it's unethical for advertisers to pitch products to patients and students in this fashion? why?
After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine
Problem 1: What are the important functions of maintenance department? Day to day activities Keeping the machinery, equipment, and services in proper working condition
The Chief Projects Officer (CPO) is responsible for the individuals working on a project in all of the following way EXCEPT: A. That they perform project activities according to
Please give your opinion on the paragraph below in just a few short sentences. Advertisers use case studies to add credibility to what they're saying their product is capable of do
what do you understand by line balancing what happens if balance doesn''t exist
Travel Charts and String Diagrams The use of travel charts has already been described under facility layout (see figure on page 140). A string diagram (see figure below) is us
Propose a plan for how the government can implement information security plans to ensure its critical information is safe and protect.
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