The manager of a hardware store decides to use the EOQ with shortages model to determine the
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The manager of a hardware store decides to use the EOQ with shortages model to determine the ordering policy for tape measures. Using economic considerations, the manager determines that she should use an order quantity of Q 30 and have a maximum shortage of b
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Practical Management Science
ISBN: 9781111531317
4th Edition
Authors: Wayne L. Winston, S. Christian Albright
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