Find steady-state probabilities of state of markov chain


Consider the inventory example introduced in the class, but with the following changes in the ordering policy. If the number of cameras on hand at the end of each week is 0 or 1, two additional cameras will be ordered. Otherwise, no ordering will take place. Find the steady-state probabilities of the state of this Markov chain.

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Basic Statistics: Find steady-state probabilities of state of markov chain
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