DIFFERENCE EQUATIONS A rental care company has a fleet of ab
DIFFERENCE EQUATIONS A rental care company has a fleet of about 500 cars, at three locations. A car rented at one location may be returned to any of the three locations. The various fractions of cars returned to the three locations are shown in the matrix below. Suppose that on Monday thre are 295 cars at the airport (or rented from there), 55 cars at the east side office, and 150 cars in the west side office. What will be the approximate distribution of cars on Wednesday?
Solution
Let the number of cars at the three offices on Tuesday and Wednesday be as under:
Then x1 = 0.97(295) + 0.05(55) + 0.10(150) = 286+ 3 + 15 = 304
y1 = 0.00(295) + 0.90(55) + 0.05(150) = 50 + 7 = 57
z1 = 0.03(295) + 0.05(55) + 0.85(150) = 9 + 3 + 127 = 139
x2 = 0.97(x1) + 0.05(y1) + 0.10(z1) = 0.97(304) + 0.05(57) + 0.10(139) = 295 + 3 + 14 = 312
y2 = 0.00(x1) + 0.90(y1) + 0.05(z1) = 0.00(304) + 0.90(57) + 0.05(139) = 51 + 7 = 58
z2 = 0.03(x1) + 0.05(y1) + 0.85(z1) = 0.03(304) + 0.05(57) + 0.85(139) = 9 + 3 + 118 + 130
Thus the number of cars at the three offices on wednesday will be as under:
| Day | Airport | Eastside Office | Westside Office |
| Monday | x1 | y1 | z1 |
| Tuesday | x2 | y2 | z2 |
