Question: Consider Example 1 (manufacturing speakers for TV sets) introduced in Sec. 18.1 and used in Sec. 18.3 to illustrate the EOQ models. Use the EOQ

Consider Example 1 (manufacturing speakers for TV sets) introduced in Sec. 18.1 and used in Sec. 18.3 to illustrate the EOQ models. Use the EOQ model with planned shortages to solve this example when the unit shortage cost is changed to $5 per speaker short per month.

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