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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
Determine how to minimize the number needed to meet small towns daily requirement
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''OPERATIONS MANAGEMENT IS THE CENTRAL TO THE FUNCTIONING OF ALL BUSINESS ORGANISATIONS''.with reference to the organisation of your choice discuss this statement highlighting how
Characteristics of job order Production Small Production Runs: Job order production is characterized by the manufacturing of one or few numbers of single product designe
Is overtime expense fully controllable, partially controllable, or not at all controllable by the supervisor?
Hi I answers a question and earned 10 percent off my next purchased. I just rented books and did not get the discount how can i reversed this??
What could you or the person who was treated unfairly have done to improve matters and rectify the injustice on the spot?
Compare and contrast Deming and Crosbys views on the cost associated with a lost customer.
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