Question
Your team has been assigned to analyze a system with randomness. Your consulting team has been hired by a capital-investment holding firm. The firm owns
Your team has been assigned to analyze a system with randomness. Your consulting team has been hired by a capital-investment holding firm. The firm owns multiple companies. You have been asked to evaluate several inventory questions.
Company description: CTRU build cellular towers near the Dallas metroplex and leases space to a variety of communications companies and government entities. Predicted demand: 10 towers per year Starting new construction is $500k (multiple towers can be built under a construction contract) Each tower costs $50k annually per year to maintain Only complete towers can be built Will you round up or down? How many towers will you build per construction contract? (hint: what is your carrying cost?) How frequently will you build?
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