*4. The following data describe four inventory items. Item i Ki ($) Dj (units per day) hi...
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*4. The following data describe four inventory items.
Item i Ki ($) Dj (units per day) hi ($)
1 100 10 .1 2 50 20 .2 3 90 5 .2 4 20 10 .1 The company wishes to determine the economic order quantity for each of the four items such that the total number of orders per 365-day year is at most 150. Formulate the problem as a nonlinear program and find the optimum solution.
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