Markov analysis is used to predict occurrences in the future on the basis of current probabilities. It

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Markov analysis is used to predict occurrences in the future on the basis of current probabilities. It has application in which of the following fields?

a. market share analysis

b. bad debt prediction

c. failure in manufacturing

d. all of the above

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Quantitative Analysis For Management

ISBN: 213168

12th Edition

Authors: Barry Render ,Ralph M. Stair ,Michael E. Hanna

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Question Posted: Feb 25, 2024 01:01 AM

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Markov analysis is used to predict occurrences in the future on the basis of current probabilities. It

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d all of the above Markov analysis is used to predict future occurrences based on current probabilit...View the full answer

Quantitative Analysis For Management

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