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Procurement of a seasonal product is to be planned over a four-month horizon. One lot can be ordered each month. The initial inventory is 20

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Procurement of a seasonal product is to be planned over a four-month horizon. One lot can be ordered each month. The initial inventory is 20 units. Demand estimates and costs are given in the table below. Find the optimal procurement program, if no shortages are allowed. Procurement of a seasonal product is to be planned over a four-month horizon. One lot can be ordered each month. The initial inventory is 20 units. Demand estimates and costs are given in the table below. Find the optimal procurement program, if no shortages are allowed

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