Question: In Section 6.2 we discussed the difference between the lost sales and the backorder cases. Suppose the lead time is two periods. Construct a dynamic
In Section 6.2 we discussed the difference between the lost sales and the backorder cases. Suppose the lead time is two periods. Construct a dynamic programming model that can be used to find the optimal solution to the lost sales problem in this case. Use the notation found in Section 6.2 when developing your answer.
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