In the VanBuren machine replacement problem, suppose the company starts with a machine that is eight quarters
Question:
In the VanBuren machine replacement problem, suppose the company starts with a machine that is eight quarters old at the beginning of the first quarter. Modify the model appropriately, keeping in mind that this initial machine must be sold no more than four quarters from now.
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The trick is to make sure there are arcs from 1 to only 2 3 4 and 5 This is because the original machine already 8 quarters old can be held for only 1 2 3 or 4 quarters Im assuming its not possible to ...View the full answer
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Related Book For 
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
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