this has to be in words. please explain clearly. thank you.

Finite Math 1533 Project 5 KI Market Analysis Suppose that you are the market analyst for the burger chain, Brother's Burgers, which wants to build a new restaurant in a city with three existing burger restaurants. Your job is to predict next week's market share for your restaurant based on last week's market share. For this current week in this city, Papa's Burgers has 27.6% of the burger market; McDuck's has 32.9%; and The Burger House has 39.5%. The McDonald's typical customer of these restaurants cats at one of them once a week. Each week some portion of the customers might switch from their previous restaurant to one of the other two. Based on previous data, the probability of a Papa's customer staying with Papa's is 90%. The probability of Papa's customers switching to cach of the other two restaurants is 5% McDuck's customers remain loyal 91% of the time with 6% of McDuck's customers switching the next week to Papa's, and 3% to The Burger House. The Burger House has very loyal customers. Only 6% switch away from them, 2% going to Papa's and 4% to McDuck's Determine the distribution of market shares over the next couple of weeks Determine the equilibrium vector for the distribution of market shares. You must now analyze what would happen to the current burger market if your company built a restaurant in this city. Based on your company's performance in similar markets and surveys you have conducted in this city, you expect your company, Brother's Burgers, to keep 97% of its customers each week, losing only 1% to each of the other three restaurants. You also expect to take 2% from each of the other restaurant's returning customers. Determine the distribution of market shares over the next couple of weeks. Determine how long it will take after your company's restaurant opens for it to achieve a 20% market share. Determine the equilibrium vector for the distribution of market shares. . Based on your bold prediction for success, your company has decided to build a new burger restaurant, Brother's Burgers, in this city. To attract customers during the first weeks of its operation, your company will run a special promotion. Three burgers will be specially priced to compete favorably against the best-selling burger of each of your three competitors. Your restaurant's Super Lean Burger uses 0.2 lb of beef and 0.03 lb of seasoning mix. It will be priced at a loss of So.12 per burger. The Deluxe Stuffed Burger uses 0.23 lb of beef and 0.1 lb of mix. It will be sold at a loss of S0.08. Finally, Super-Duper Deluxe Burger uses 0.3 lb of beef and 0.01 lb of mix. Your company will lose S.05 on each burger of this type sold. Your restaurant's chef has ordered and allocated 3000 lb of beef and 400 lb of seasoning mix for making the burgers during this promotion. Your company's accountant has set a limit of $1000 loss for this promotion Determine the number of each type of burger your restaurant should plan to sell during this promotion Finite Math 1533 Project 5 KI Market Analysis Suppose that you are the market analyst for the burger chain, Brother's Burgers, which wants to build a new restaurant in a city with three existing burger restaurants. Your job is to predict next week's market share for your restaurant based on last week's market share. For this current week in this city, Papa's Burgers has 27.6% of the burger market; McDuck's has 32.9%; and The Burger House has 39.5%. The McDonald's typical customer of these restaurants cats at one of them once a week. Each week some portion of the customers might switch from their previous restaurant to one of the other two. Based on previous data, the probability of a Papa's customer staying with Papa's is 90%. The probability of Papa's customers switching to cach of the other two restaurants is 5% McDuck's customers remain loyal 91% of the time with 6% of McDuck's customers switching the next week to Papa's, and 3% to The Burger House. The Burger House has very loyal customers. Only 6% switch away from them, 2% going to Papa's and 4% to McDuck's Determine the distribution of market shares over the next couple of weeks Determine the equilibrium vector for the distribution of market shares. You must now analyze what would happen to the current burger market if your company built a restaurant in this city. Based on your company's performance in similar markets and surveys you have conducted in this city, you expect your company, Brother's Burgers, to keep 97% of its customers each week, losing only 1% to each of the other three restaurants. You also expect to take 2% from each of the other restaurant's returning customers. Determine the distribution of market shares over the next couple of weeks. Determine how long it will take after your company's restaurant opens for it to achieve a 20% market share. Determine the equilibrium vector for the distribution of market shares. . Based on your bold prediction for success, your company has decided to build a new burger restaurant, Brother's Burgers, in this city. To attract customers during the first weeks of its operation, your company will run a special promotion. Three burgers will be specially priced to compete favorably against the best-selling burger of each of your three competitors. Your restaurant's Super Lean Burger uses 0.2 lb of beef and 0.03 lb of seasoning mix. It will be priced at a loss of So.12 per burger. The Deluxe Stuffed Burger uses 0.23 lb of beef and 0.1 lb of mix. It will be sold at a loss of S0.08. Finally, Super-Duper Deluxe Burger uses 0.3 lb of beef and 0.01 lb of mix. Your company will lose S.05 on each burger of this type sold. Your restaurant's chef has ordered and allocated 3000 lb of beef and 400 lb of seasoning mix for making the burgers during this promotion. Your company's accountant has set a limit of $1000 loss for this promotion Determine the number of each type of burger your restaurant should plan to sell during this promotion