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For the inventory system of Model 5-4, use OptQuest to look for the best (total-cost-minimizing) setting for ( s , S ). Let s run

For the inventory system of Model 5-4, use OptQuest to look for the best (total-cost-minimizing) setting for (s, S). Let s run between 1 and 99 (by ones) and let S run between 2 and 100 (by ones); remember that s and S must be integers and that we must have s < S. Make your ownjudgments about stopping criterion, number of replications, etc.

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Answer 1 The OptQuest algorithm is a mathematical optimization technique used to find the optimal values for a set of variables It can be used to find the best setting for the inventory system of Mode... blur-text-image

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