Question: Q 1 ) ( 3 0 pts ) A company operates a high - tech drone for package deliveries. At the beginning of each week,
Q pts A company operates a hightech drone for package deliveries. At the beginning of each week, the drone is either operational or nonoperational. If the drone successfully completes deliveries throughout the week, it generates $ in revenue. If it breaks down during the week ie becomes nonoperational it generates no revenue. If the drone is operational at the beginning of a week, the company can choose to perform routine servicing to reduce the chance of a breakdown. If servicing is done, the drone has a probability of becoming nonoperational during that week. If servicing is not chosen, the probability of failure rises to Routine servicing costs $ per week. If the drone is nonoperational at the beginning of a week, the company must either repair or replace it Both options are immediate. A repair costs $ and the repaired drone has a probability of failing during the week. Replacing the drone costs $ but a new drone is guaranteed to function properly for the next week. Using dynamic programming, determine the optimal servicing, repair, and replacement policy to maximize the expected net profit over a fourweek period, starting with the drone operational at the beginning of the first week. Write down states, stages, decisions and recursion function clearly.
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