A supplier of toner cartridges of a certain brand checks his stock every Monday. If the stock is less than or equal to s cartridges, he orders an amount of S – s cartridges, which will be available...


A supplier of toner cartridges of a certain brand checks his stock every Monday. If the stock is less than or equal to s cartridges, he orders an amount of S – s cartridges, which will be available the following Monday, 0 ≤ s <>


Let be the number of cartridges on stock on the Xn
nth Sunday (no business over weekends) given that the supplier starts his business on a Monday.


(1) Is {X1, X2, ...} a Markov chain?


(2) If yes, obtain the matrix of the transition probabilities.



May 06, 2022
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