Question: In the basic EOQ model, the cycle time between consecutive orders is T = Q / D . Thus T ^ * = ( 2

In the basic EOQ model, the cycle time between consecutive orders is T=Q/D.
Thus T^*=(2A/hD). Show that the following is true for any other cycle time
T: (annual cost for cycle time T)/(annual cost for cycle time T^*)=1/2[T/T^*+T^*/T].

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