Question: please answer questions a to c, markov analysis A loaf bread is sold in the supermarket. The merchandiser monitors daily the available loaf bread before


please answer questions a to c, markov analysis
A loaf bread is sold in the supermarket. The merchandiser monitors daily the available loaf bread before the supermarket opens. Below is the list of available loaf bread for 30 days. Day Qty 1 12 9 10 11 12 13 14 16 13 19 20 21 22 23 24 25 26 O jo 12 o 3 3 o 21 29 30 3 2 12 12 11 2 27 11 2 1 12 1 o 11 a) Formulate the transition probability matrix of the daily available loaf bread. Answer in fraction. Example 1/5., -1/5. States 0 2 3 1 WN b) Show the steady state equation of p1 Use fraction Place all variables in the left hand side *pit *p12 "p3 pi4-0 C) Show the steady state equation of PB. Use fraction Place all variables in the lefthand side *pit *p12 *p3 pito d) Determine the long-term probability of loaf bread having a daily balance of more than 1 show the equation e) Determine the long-term probability of loaf bread having a daily balance of at most 1. Show the equation A loaf bread is sold in the supermarket. The merchandiser monitors daily the available loaf bread before the supermarket opens. Below is the list of available loaf bread for 30 days. Day Qty 1 12 9 10 11 12 13 14 16 13 19 20 21 22 23 24 25 26 O jo 12 o 3 3 o 21 29 30 3 2 12 12 11 2 27 11 2 1 12 1 o 11 a) Formulate the transition probability matrix of the daily available loaf bread. Answer in fraction. Example 1/5., -1/5. States 0 2 3 1 WN b) Show the steady state equation of p1 Use fraction Place all variables in the left hand side *pit *p12 "p3 pi4-0 C) Show the steady state equation of PB. Use fraction Place all variables in the lefthand side *pit *p12 *p3 pito d) Determine the long-term probability of loaf bread having a daily balance of more than 1 show the equation e) Determine the long-term probability of loaf bread having a daily balance of at most 1. Show the equationStep by Step Solution
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