Markov analysis is used to predict occurrences in the future on the basis of current probabilities. It
Question:
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
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Quantitative Analysis For Management
ISBN: 213168
12th Edition
Authors: Barry Render ,Ralph M. Stair ,Michael E. Hanna
Question Posted: