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4. (3 marks) (*v'k ) Using the time dependent demand model from #3 above, determine the pro- duction that optimizes prot as a function of

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4. (3 marks) (*v'k ) Using the time dependent demand model from #3 above, determine the pro- duction that optimizes prot as a function of time t. Solution: Put your solution here. 5. (2 marks) (inking? ) If there is a onemonth delay between production and sale, how should the optimal production as a function of time be adjusted? Solution: Put your solution here

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