Question: 1. Problem 15.33 Consider Problem 15.6 again. Suppose that a cost of $750 is incurred each time the device fails and that each circuit board

1. Problem 15.33 Consider Problem 15.6 again. Suppose that a cost of $750 is incurred each time the device fails and that each circuit board replaced costs 15.4 Long-run analysis of Markov chains 413

$100. What is the long-run proportion of weeks the device operates properly?

What is the long-run average weekly cost?

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