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A steel part is ordered form an outside supplier the demand for the next 4 weeks is 12, 15, 10, and 25. Current inventory is
A steel part is ordered form an outside supplier the demand for the next 4 weeks is 12, 15, 10, and 25. Current inventory is 6, and ending inventory should be 5. Assume h= $2 per week and k=75. a) Determine the order policy for this item based on Silver-Meal
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