Consider the inventory example introduced in Sec. 29.1, but with the following change in the ordering policy.
Question:
(a) Find the steady-state probabilities of the state of this Markov chain.
(b) Find the long-run expected average storage cost per week.
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Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
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