Suppose that the demand rate for an item could be modeled as a continuous linearly decreasing function

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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.

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Inventory And Production Management In Supply Chains

ISBN: 9781032179322

4th Edition

Authors: Edward A Silver, David F Pyke, Douglas J Thomas

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