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Management · Q160

Operations Research or Qualitative Approach

Graduate and Post Graduate · Management · question 160

Q160

Markov analysis is useful for:

A.
Predicting the state of the system at some future time
B.
Calculating transition probabilities at some future time
C.
All of the above
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
Solution:
Markov analysis is useful for Predicting the state of the system at some future time and Calculating transition probabilities at some future time.