Refer to Example 4. Approximate the inventory after 7 weeks and the average inventory during the first

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Refer to Example 4. Approximate the inventory after 7 weeks and the average inventory during the first 7 weeks.


Data from Example 4

A store orders 8,000 units of a new product. The inventory I on hand t weeks after the order arrived is given in the following table:

t I(t) 0 8,000 Inventory 2 5,952 4 3,744 6 1,568 8 0

Use the interpolating polynomial to approximate the inventory after 5 weeks and the average inventory during the first 5 weeks after the order arrived.

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Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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