Question 9 B1: Microsoft is planning to introduce a new technology product in the market . To study the diffusion pattern of this technology, Microsoft has decided to use the following set of parameters: Coefficient of innovation (p) =0.05 Coefficient of imitation (q): = 0.1 Based on this information, how long does it take in terms of the number of years (time periods, t) for more than 50% of the potential market to adopt this technology?
Question 9 B1: Microsoft is planning to introduce a new technology product in the market . To study the diffusion pattern of this technology, Microsoft has decided to use the following set of parameters: Coefficient of innovation (p) =0.05 Coefficient of imitation (q): = 0.1 Based on this information, how long does it take in terms of the number of years (time periods, t) for more than 50% of the potential market to adopt this technology?
Operations Research : Applications and Algorithms
4th Edition
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Wayne L. Winston
Chapter16: Probabilistic Inventory Models
Section: Chapter Questions
Problem 2RP
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