PLEASE HELP ME GET THE ANSWER FOR PART B AND IT HAS TO BE FRACTION/INTEGER/ OR EXACT DECIMAL AND THE ASWER I GOT 0.66 FOR FIRST AND 0.99 FOR SECOND AND BOTHER WERE WRONG.   The computer center at Rockbottom University has been experiencing computer downtime. Let us assume that the trials of an associated Markov process are defined as one-hour periods and that the probability

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Optimization Models

Optimization models are mathematical models that help organizations determine the best way to allocate scarce resources to achieve specific objectives. These models can be used to solve a wide variety of problems, from finding the most efficient route for a delivery truck to determining the optimal mix of products to stock in a store.