1. In each of the following cases, no shortage is allowed, and the lead time between placing...

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1. In each of the following cases, no shortage is allowed, and the lead time between placing and receiving an order is 30 days. Determine the optimal inventory policy and the associated cost per day.

(a) K == $100, h = $.05, D = 30 units per day

(b) K == $50, h = $.05, D :: 30 units per day

(c) K == $100, h = $.01, D = 40 units per day

(d) K = $100, h = $.04, D = 20 units per day

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Operations Research An Introduction

ISBN: 9780131889231

8th Edition

Authors: Hamdy A. Taha

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Question Posted: Jul 26, 2024 03:01 AM

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1. In each of the following cases, no shortage is allowed, and the lead time between placing...

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Operations Research An Introduction

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