Markov analysis is used to predict occurrences in the future on the basis of current probabilities. It

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Markov analysis is used to predict occurrences in the future on the basis of current probabilities. It has application in which of the following fields?

a. market share analysis

b. bad debt prediction

c. failure in manufacturing

d. all of the above

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Quantitative Analysis For Management

ISBN: 213168

12th Edition

Authors: Barry Render ,Ralph M. Stair ,Michael E. Hanna

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