Find the optimal inventory policy for the following five-period model. The unit production cost is $10 for
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Find the optimal inventory policy for the following five-period model. The unit production cost is $10 for all periods. The unit holding cost is $1 per period.
Period i Demand Di (units) Setup cost K1 ($)
1 50 80 2 70 70 3 100 60 4 30 80 5 60 60
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