Transient analysis fors MCs refers to computing the probability distribution at a particular time instant starting from an initial probability distribution. As such, steady state need not exist to carry out transient analysis, and the more interesting problem formulation turns out to be related to CTMCs.
CITATION STYLE
Dayar, T. (2018). Transient Analysis. In Springer Series in Operations Research and Financial Engineering (pp. 229–244). Springer Nature. https://doi.org/10.1007/978-3-319-97129-2_7
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