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Author Question: The (s,S) policy states that when inventory at time t-1 is it-1 a.if it-1 < st then St is ... (Read 66 times)

clmills979

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on: Aug 1, 2018
The (s,S) policy states that when inventory at time t-1 is it-1
  a.if it-1 < st then St is produced.
  b.if it-1 > st then St  it-1 is produced.
  c.if it-1 > st then St is produced.
  d.if it-1 < st then St  it-1 is produced.

Question 2

The minimum expected cost incurred during periods t+1, t+2, ... T is
  a..
  b..
  c..
  d..


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isabelt_18

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Reply #1 on: Aug 1, 2018
Answer to Question 1

correct: d

Answer to Question 2

correct: d


clmills979

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Reply #2 on: Aug 1, 2018
Thanks


isabelt_18

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Reply #3 on: Aug 1, 2018
Welcome :)


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