Question: Consider the EOQ model with annual holding cost factor H = 0.02, unit value V = 45, and order cost A = 100. Suppose we

Consider the EOQ model with annual holding cost factor H = 0.02, unit value V = 45, and order cost A = 100. Suppose we are uncertain about annual demand, it may be D1 = 1, 000 or D2 = 1, 400. Find the order quantity with the minimax regret.

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