Question: In Example 5 . 2 - 1 , suppose that the holding cost per unit is period - dependent and is given by 2 0

In Example 5.2-1, suppose that the holding cost per unit is period-dependent and is given by 20,15, and 35 cents for periods 1,2, and 3, respectively. The penalty cost is $1 per period and the production costs remain as given in the example. Determine the optimum solution and interpret the results.

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