October 9, 2020

Discrete Time Markov Processes

  Consider the fish problem from Homework 7 with the following changes: • a per fish, per day holding cost is incurred based upon the end […]
October 9, 2020

Discrete Time Markov Processes

A wharf-side fish market sells live fish from its tank during the afternoon. The tank can hold at most 12 fish. During the morning, fish are […]
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