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Q3 Assume that you decide on order quantity Q and let Q* be the EOQ. Show that, if Q : 2Q*, the combined holding and
Q3 Assume that you decide on order quantity Q and let Q* be the EOQ. Show that, if Q : 2Q*, the combined holding and setup costs are 1.25 times greater thanl at the EOQ. Also show that the same holds if Q = Q*/2. (10 points)
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