Consider adjacent oilfields A and B operated for units A and B, respectively. There are six...

Transcribed Image Text:

Consider adjacent oilfields A and B operated for units A and B, respectively. There are six oil rigs for the two oilfields, three assigned for each oilfield. Three out of the six rigs are state-of-the- art machines with better productivity, and thus the business unit prefers. Consequently, General Management set the following policy to avoid internal disputes: "before a new week starts, randomly select one rig on each oil field and swap them." We are interested in modeling the weekly number of state-of-the-art rigs operated by business unit A as Markov chain. (a) Define the state variable Xn. (b) Define the state space S. (c) Define the index set T. (d) Build the transition matrix. (e) Draw the transition diagram. Consider adjacent oilfields A and B operated for units A and B, respectively. There are six oil rigs for the two oilfields, three assigned for each oilfield. Three out of the six rigs are state-of-the- art machines with better productivity, and thus the business unit prefers. Consequently, General Management set the following policy to avoid internal disputes: "before a new week starts, randomly select one rig on each oil field and swap them." We are interested in modeling the weekly number of state-of-the-art rigs operated by business unit A as Markov chain. (a) Define the state variable Xn. (b) Define the state space S. (c) Define the index set T. (d) Build the transition matrix. (e) Draw the transition diagram.

Answer rating: 100% (QA)

a The state variable Xn represents the number of stateoftheart rigs oper... View the full answer