Posted by **John** on Thursday, February 26, 2009 at 1:41pm.

weekly demand data have been analyzed yielding the probability mass fnc. for weekly demad D as follows

Pr{D=0}=0.05, Pr{D=1}=0.1,

Pr{D=2}=0.2,Pr{D=3}=0.4,

Pr{D=4}=0.1,Pr{D=5}=0.1,Pr{D=6}=0.05.

Let X be the Markov chain where Xn is the inventory at the end of week n.

a) find transition matrix for X.

b) if at the end of week 1 there are 5 items in inventory, what is the probability that there will be 5 items in inventory at the end of week 3?

## Answer this Question

## Related Questions

- marketing - You have been hired as a marketing consultant to Johannesburg Burger...
- Algebra - Amy earns a weekly paycheck consisting of base pay of $225, plus a ...
- math - mario got his $10.00 weekly allowance on monday. he spent 25% of his ...
- math - Mario got his $10.00 weekly allowance on Monday. He spent 25% of his ...
- calc - You have been hired as a marketing consultant to Johannesburg Burger ...
- Math - Could someone work this question out so I understand it. Thanks The ...
- Math - The data shows how a family budgets it's weekly income. It uses ...
- 4 grade - Mario got his $10.00 weekly allowance on Monday. He spent 25% of his ...
- calculus - A company manufactures and sells x cellphones per week. The weekly ...
- math ( algebra 2 ) - a newspaper company currently charges $11 a week to its ...

More Related Questions