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Joe wants to sell his car. He receives one offer each month and must decide immediately whether to accept the offer. Once rejected, the

Joe wants to sell his car. He receives one offer e 

Joe wants to sell his car. He receives one offer each month and must decide immediately whether to accept the offer. Once rejected, the offer is lost. The possible offers are $600, $800, and $1,000, made with probabilities and respectively. There is a maintenance cost of $60 per month for the car. Joe is anxious to sell the car and so has chosen a discount factor of a = 0.95. Using the policy improvement algorithm, find a policy that minimizes the expected total discounted cost. Use dynamic programming to solve this problem.

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