The Steady State worksheet computes
the Markov Chain steady state probabilities. The average
cost per period is computed at the right. The
expected net present worth depends on the initial state
and is computed in the vector below the steady-state
vector.
For the example, we have noted that
the transient solution approaches a steady state, and indeed
this vector is computed independently on this worksheet.
Steady state results are independent of the initial state,
and they are available only for Markov Chains that have
a single recurrent class.