To Keep Track of the Location of Its Cabs, Zephyr

question 27

Short Answer

To keep track of the location of its cabs, Zephyr Cab has divided a town into three zones: zone I, zone II, and zone III. Zephyr's management has determined from company records that of the passengers picked up in zone I, 40% are discharged in the same zone, 50% are discharged in zone II, and 10% are discharged in zone III. Of those picked up in zone II, 10% are discharged in zone I, 70% are discharged in zone II, and 20% are discharged in zone III. Of those picked up in zone III, 10% are discharged in zone I, 10% are discharged in zone II, and 80% are discharged in zone III. If the initial distribution vector for the location of the taxis is
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what will be the distribution after all of them have made one pickup and discharge?
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__________ %
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__________ %
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__________ %

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Definitions:

Equity Method

is an accounting technique used to record investments in associated companies where the investor has significant influence but not full control.

Cost Method

An accounting method used to value holdings in another company at the cost of acquisition plus any additional costs incurred.

Carrying Amount

The value at which an asset is recognized on the balance sheet after deducting any accumulated depreciation and impairment losses.

Associate

In a business context, this usually refers to a person or entity that is connected with another as a partner, colleague, or member of an enterprise.