Suppose that the demand rate for an item could be modeled as a continuous linearly decreasing function
Question:
Suppose that the demand rate for an item could be modeled as a continuous linearly decreasing function of time xt = a − bt a > 0, b > 0 where t = 0 is the present time. Compute an estimate of the all-time future requirements.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Inventory And Production Management In Supply Chains
ISBN: 9781032179322
4th Edition
Authors: Edward A Silver, David F Pyke, Douglas J Thomas
Question Posted: