An airline has 4 planes. On average, each plane breaks down twice per year and it takes

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An airline has 4 planes. On average, each plane breaks down twice per year and it takes one month to repair (independent from other planes). Assuming repair times and times between break-downs are exponentially distributed,

(a) model the problem as a birth-and-death process
(b) determine the fraction of time that all planes are in repair

Related Book For answer-question

Managerial Decision Modeling with Spreadsheets

ISBN: 978-0136115830

3rd edition

Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair

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Posted Date: May 12, 2020 12:38 AM

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An airline has 4 planes. On average, each plane breaks down twice per year and it takes

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Managerial Decision Modeling with Spreadsheets

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