The firm's warehouse has a maximum capacity of 10,000 bushels. At the beginning of the first month,
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The firm's warehouse has a maximum capacity of 10,000 bushels. At the beginning of the first month, 2,000 bushels are in the warehouse. The trading firm wants to know the amounts that should be bought and sold each month in order to maximize profit. Assume that no storage costs are incurred and that sales are made at the beginning of the month, followed by purchases.
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