=14-20 In Section 14.7, we investigated an accounts receivable problem. How would the paid category and the
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=14-20 In Section 14.7, we investigated an accounts receivable problem. How would the paid category and the bad debt category change with the following matrix of transition probabilities?
P =
1 000 0 1 0 0 0 7 0 0 2 0 1 04 02 02 02
. . .
....
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Quantitative Analysis For Management
ISBN: 9789332578692
12th Edition
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna
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