Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

A copy machine is always in one of the two states, either working or broken. When it is working, there is a 70% chance which it will be working tomorrow. When it is broken, there’s a 50% chance it will still be broken tomorrow. Suppose that one day is natural time step.

a) Sketch a state diagram for process and formulate the transition matrix

b) Supposing the machine is working today, what is the probability that it will be working tomorrow? After one week? After one month?

c) What is long-term probability that the copy machine will be working on any prearranged day?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M914526

Have any Question?


Related Questions in Operation Management

Oligopolies are prevalent throughout the world and appear

Oligopolies are prevalent throughout the world and appear to rapidly increasing. Unlike a monopoly, where one corporation dominates a certain market, an oligopoly consists of a select few companies that have significant ...

You have worked as a sales representative for the last

You have worked as a sales representative for the last three years, and your boss has just quit. You have been asked to take over as manager of your region, and you are going to accept for two reasons. First, you would l ...

Suppose a company has two processes to choose from process

Suppose a company has two processes to choose from. Process A will incur a total fixed cost of $1 million a year and a per-unit variable cost of $4. Process B will incur a total fixed cost of $1.5 million a year and a pe ...

Research at least two articles on the topic of information

Research at least two articles on the topic of Information systems infrastructure: evolution and trends. Write a brief synthesis and summary of the two articles. How are the topics of the two articles related to the topi ...

1 provide a brief overview of the product for which you are

1. Provide a brief overview of the product for which you are going to write your Marketing Plan. Why did you choose it? Which elements of the plan are you having difficulty with? What additional information would be need ...

Evaluate arguments for and against tort reform with a focus

Evaluate arguments for and against tort reform with a focus on why organizations leave the United States to avoid large tort damage awards. Use some of the terminology from the textbook to help with your arguments. Incor ...

1 identify and explain the unique aspects of nonprofit

1. Identify and explain the unique aspects of nonprofit organization marketing strategies. 2. Give examples of the COPQ (internal and external failure costs) and the cost of quality assurance (prevention and appraisal) c ...

1 whatrsquos are the key functions and processes in

1. What’s are the key functions and processes in materials management? 2. Why is mastering the skill of concision important to you as a student and professional? Describe for your classmates a time when you experienced s ...

The company must determine how many storage rooms of each

The company must determine how many storage rooms of each size to build,. The problem formulated as linear progrram (LP), as follows: maximize Z=40 X1 + 30 X2, subject to 2 X1 + 4 X2 0 Q1) graph all the constraints and i ...

What is employee engagement disengagement and actively

What is employee engagement, disengagement, and actively disengaged? Why are these concepts important? As Leaders in CIS, what hope do you have and what can you do to combat disengagement?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As