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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