5 In Figure 3, assume that demand occurs at a constant rate during each cycle. Approximate the...
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5 In Figure 3, assume that demand occurs at a constant rate during each cycle. Approximate the average level of onhand inventory between t 0 and t 7. Also approximate the average number of shortages. Does the assumption that the average shortage level is small relative to the average level of on-hand inventory seem valid here?
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Related Book For 
Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
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