Question: 1 6 - 2 1 . Consider the infinite - horizon inventory situation with zero delivery lag and backlogged demand. Develop the optimal inventory policy

16 - 21 .

Consider the infinite

-

horizon inventory situation with zero delivery lag and backlogged demand. Develop the optimal inventory policy based on the minimization of cost given that

Show that for the special case where

,

the optimal solution is independent of pdf of demand.

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