3 Reconsider Problem 2, but now suppose that demands need not be met on time. Assume that...
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3 Reconsider Problem 2, but now suppose that demands need not be met on time. Assume that all lost demand is backlogged and that a $1 per-unit shortage cost is assessed against the number of shortages incurred during each month.
All demand must be met by the end of month 4. Use dynamic programming to determine an ordering policy that minimizes total cost.
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Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
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