A car rental agency has facilities at both JFK and LaGuardia airports. Assume that a car rented

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A car rental agency has facilities at both JFK and LaGuardia airports. Assume that a car rented at either airport must be returned to one or the other airport. If a car is rented at LaGuardia, the probability that it will be returned there is .8; if a car is rented at JFK, the probability that it will be returned there is .7. Assume that the company rents all its 100 cars each day and that each car is rented (and returned) only once a day. If we start with 50 cars at each airport, then

(A) What is the expected distribution on the next day?

(B) What is the expected distribution 2 days later?

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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