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A firm in Eski ehir has a large sheep farm in which domestic sheep are bred for their meat peltry. Each year, 3 5 %

A firm in Eskiehir has a large sheep farm in which domestic sheep are bred for their meat peltry. Each year, 35% of the newborn sheep: 65% of the one-year-old sheep and 100% of the two- year-old sheep are slaughtered. The firm s policy is to breed its own newborn sheep to med the market demand: that is, the firm does not purchase one-year-old or two-year-old sheep. For this purpose, the supply chain department of the firm determined that to meet the steady demands of the market, 15000 newborn sheep must be added to the farm at the beginning of a typical year is also known that the cost of breeding a newborn sheep is a normal random variable with mean 400 TL and standard deviation 50 TL a one year old sheep 1s a normal random variable with mean 360 TL and standard deviation 30 TL and a two-year-old sheep is a normal random variable with mean 320 TL and standard deviation 25 TL.
a) Construct the Markov chain that is suitable to express the above-mentioned process
b) Is the Markov chain you constructed in part (a) absorbing? Explain in detail.
c) What is the expected breeding cost for this farm in a typical year? (Assume that the annual breeding cost is determined based on the determined based on the number of sheep on hand at the beginning of that year.)

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