Applications on Markov Chain

Markov chain is one of the techniques used in operations research with possibilities view that managers in organizational decision making industrial and commercial use it. Markov processes arise in probability and statistics in one of two ways. Markov process is a tool to predict that it can make logical and accurate decisions about various aspects of management in the future. Wai Mar Lwin | Thinn Aung | Khaing Khaing Wai "Applications on Markov Chain" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd27881.pdfPaper URL: https://www.ijtsrd.com/mathemetics/applied-mathematics/27881/applications-on-markov-chain/wai-mar-lwin