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Questions a, b, and c 4. Suppose you're running a lightweight consulting business-just you, two associates, and some rented equipment. Your clients are distributed between
Questions a, b, and c
4. Suppose you're running a lightweight consulting business-just you, two associates, and some rented equipment. Your clients are distributed between the East Coast and the West Coast, and this leads to the following question. Each month, you can ether run your business from an ofice in New Each month, you can either run your business from an office in New York (NY) or from an office in San Francisco (SF). In month i, you'll incur an operating cost of N, if you run the business out of NY; you'll incur an operating cost of S, if you run the business out of SF. (It depends on the distribution of client demands for that month.) However, if you run the business out of one city in month i, and then out of the other city in month i +1, then you incur a fixed moving cost of M to switch base offices. Given a sequence of n months, a plan is a sequence of n locations each one equal to either NY or SF-such that the th location indicates the city in which you will be baled in the ith month. The cost of a plan is the sum of the operating costs for each of the n months, plus a moving cost of M for each time you switch cities. The plan can begin in either cityStep by Step Solution
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