Consider the Pigskin example (Example 3.3) from Chapter 3. Find Pigskins optimal production policy if, in addition
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Consider the Pigskin example (Example 3.3) from Chapter 3. Find Pigskin’s optimal production policy if, in addition to the given production and holding costs, there is a fixed cost of $50,000 during any month in which there is positive production. Assume now that storage capacity is 20,000 footballs.
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There is now no production in month 2 Before Pigskin produced every mo...View the full answer
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