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An Introduction to Management Science 13th Edition by David Anderson,Dennis Sweeney ,Thomas Williams ,Jeffrey Camm, Kipp Martin
النسخة 13الرقم المعياري الدولي: 978-1439043271An Introduction to Management Science 13th Edition by David Anderson,Dennis Sweeney ,Thomas Williams ,Jeffrey Camm, Kipp Martin
النسخة 13الرقم المعياري الدولي: 978-1439043271 تمرين 8
The purchase patterns for two brands of toothpaste can be expresse as a Markov process with the following transition probabilities: 
a. Which brand appears to have the most loyal customers? Explain.
b. What are the projected market shares for the two brands?
a. Which brand appears to have the most loyal customers? Explain.
b. What are the projected market shares for the two brands?
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Markov Process:
Markov process models a...
An Introduction to Management Science 13th Edition by David Anderson,Dennis Sweeney ,Thomas Williams ,Jeffrey Camm, Kipp Martin
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