Question: 2. Consider the following variation on the EOQ model: we own storage space for only I quantity-units. Whenever the inventory exceeds 1+, we have to

2. Consider the following variation on the EOQ model: we own storage space for only I quantity-units. Whenever the inventory exceeds 1+, we have to rent additional space to store the excess. The cost rate for the rented space is h >h. i. Obtain the average cost as a function of the ordered quantity Q. ii. Describe a procedure for obtaining the optimal order quantity

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