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1) Consider an inventory system in which the sequence of events during each period is as follows. (1) We observe the inventory level (call it i) at the beginning of the period. (2) If i < 1, then 4- i units are orders. If i > 2, then 0 units are ordered. Delivery of all ordered units is immediate. (3) With probability 1/3, 0 units are demanded during the period; with probability 1/3, 1 unit is demanded during the period; and with probability 1/3, 2 units are demanded during the period. (4) We observe the inventory level at the beginning of the next period. Define a period s state to be the period s beginning inventory level. Determine the transition matrix that could be used to model this inventory system as a Markov chain.
What is your average daily balance at the end of the month on this card? Hint: You will need to research and find the cost of gas and food in order to solve this. Use the national average as of four months before the date Assignment is due. For in..
Calculation involving a change in blood pH. Although the pH of human blood is normally between pH 7.3-7.5, certain situations can take place which bring about "acidosis." Acidosis is defined as an abnormal lowering in the blood pH
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Find the probability that a student selected at random failed the test?
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Let A be a real n x n matrix. Show that a linear subspace E of R^n is A-invariant if and only if E is e^{tA} -invariant for all t in R, where e^{tA} is the exponential matrix associated to A.
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