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A machine is used for machining of a manufactured product. At the beginning of each business day inspection reveals the machine's condition. There are three possible states: 0, 1 and 2. In state 0, the machine is unproductive and must be repaired. The repair costs $ 500 per day and can last more than a day. When the repair is completed, the machine is in perfect working condition (condition 2) and can operate at full capacity, which refers income of $ 400 per day. When the machine is in state 1, it can be used only at half speed, which yields $ 200 per day. In these conditions, assumes that the machine state changes according to a Markov chain with the probability following transition:
0.2 0 0.8
0.4 0.6 0
0.1 0.2 0.7
(A) On average, how many consecutive days the machine is in state 0 ?
(B) On average, what percentage of days the machine is productive?
(C) Calculate the average profit per day.
A testing organization is evaluating the effectiveness of sinus relief tablets, Relief and SineOut. As part of the analysis the organization collects 44 sinus sufferers and random
Set 1: 1 2 3 4 5 Set 2: 1 13 25 31 42 Set 3: 10 16 24 25 40 Set 4: 5 10 15 20 25 1. Is one of these sets of numbers more likely to win the Gopher 5 than any of the others? Exp
order tomatoes in crates of 25 kg and he is able to stock a maximum of four crates or 100 kg of tomatoes. His experience taught him that the daily demand ranges from 0 to100 kg of
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discuss the considerations to be borne in mind when constructing index numbers
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it seems that 14% of engaged women buy a wedding dress at least one size smaller than their current size
The purpose of this activity is to help you learn how to enter data into SPSS by yourself. You will use SPSS via Acadlabs. You will discuss this activity in your group and will t
Introduce the aim of this section of the report including an explanation of the data to be analysed. • Use Excel to produce a box and whisker plot for the two sets of booking data
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