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Management · Q155

Operations Research or Qualitative Approach

Graduate and Post Graduate · Management · question 155

Q155

In the long run, the state probabilities become 0 & 1.

A.
In no case
B.
In same cases
C.
In all cases
Answer
D.
Cannot say

Answer: Option C

Solution

Answer: Option C
Solution:
In the long run, the state probabilities become 0 & 1 in all cases.