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Mathematics, 20.04.2020 21:15 brooklym2940

A machine is subject to failures of types i D 1; 2; 3 at rates ?1 D 1=24, ?2 D 1=30, ?3 D 1=84. A failure of type i takes an exponential amount of time with rate 1 D 1=3, 2 D 1=5, and 3 D 1=7. Formulate a Markov chain model with state space f0; 1; 2; 3g and find its stationary distribution

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