Change the ordering simulation so that emergency orders are never made. Instead, assume that all excess demand
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Change the ordering simulation so that emergency orders are never made. Instead, assume that all excess demand is backlogged. Now the inventory position is the amount on hand, plus the amount on order, minus the backlog. Simulate the same (s, S) policies as in the example.
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Related Book For
Practical Management Science, Revised
ISBN: 9781118373439
3rd Edition
Authors: Wayne L Winston, S. Christian Albright
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