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    (Q, r) model - Industrial Engineering

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    From the (Q, r) model...

    1. How can find a cost upper bound on an optimal (Q, r) policy?
    2. Using the data from the table above, do I have sufficient information to compute the cost function? If it is possible, how can I compute it? For example c(10)?
    3. Using the data from the table above, do I have sufficient information to compute ? If it is possible, how can I compute it? For example?

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    © BrainMass Inc. brainmass.com December 24, 2021, 4:51 pm ad1c9bdddf
    https://brainmass.com/business/business-management/model-industrial-engineering-11887

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    Hi,

    I have answered the questions on the doc itself. Also I have created a spreadsheet model to give you an understanding about how those costs which are mentioned in the table are derived.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    © BrainMass Inc. brainmass.com December 24, 2021, 4:51 pm ad1c9bdddf>
    https://brainmass.com/business/business-management/model-industrial-engineering-11887

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