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In making decisions about one-period inventory, if the cost of underage is higher than the cost of overage, then the optimal order quantity will be
In making decisions about one-period inventory, if the cost of underage is higher than the cost of overage, then the optimal order quantity will be higher than the average demand
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Macroeconomics Principles And Policy
Authors: William J. Baumol, Alan S. Blinder
11th Edition
0324586213, 978-0324586213
