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Education
bachelor in business administration
Polytechnic State University Sanluis Jan-2006 - Nov-2010
CPA
Polytechnic State University Jan-2012 - Nov-2016
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Professor
Harvard Square Academy (HS2) Mar-2012 - Present
Category > ProgrammingPosted 22 May 2017My Price10.00
Solve the problem by backward dynamic programming.
Anticipated demands for a four-period planning horizon are 23, 86, 40, and 12. The setup cost is $300 and the holding cost is h =Â $3 per unit per period.
Â
a. Enumerate all the exact requirements policies, compute the holding and setup costs for each, and find the optimal production plan.
b. Solve the problem by backward dynamic programming.