Question: advertisement decision is k = 2 . Past data indicates that that the transition probabilities for each decision is given below: Moreover, the annual profit

advertisement decision is k =2. Past data indicates that that the transition probabilities for each decision is given below:
Moreover, the annual profit matrix if decision k is taken when the state is i is estimated as
The marketing manager wants to find the optimal policy in order to maximize the average profit per year.
a)(10 points) What is the average profit per year if the manager chooses not to advertise at all in any state.
b)(10 points) Determine the primal linear programming formulation in order to find the optimal policy (do not solve it),
c)(15 points) Perform only 1 iteration of the policy improvement algorithm assuming that the initial policy is not to advertise at all in any state.
d)(5 points) Write down a linear programming formulation (primal or dual) if the objective is to maximize the expected total discounted profit where the annual discount factor is \alpha =0.9(do not solve it).

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