Question: Problem 5. Suppose that you decide on the order quantity Q. Let Q be the EOQ. Prove that if Q=2Q, the combined holding and setup

Problem 5. Suppose that you decide on the order quantity Q. Let Q be the EOQ. Prove that if Q=2Q, the combined holding and setup costs are at most 25% greater than at the EOQ. (8 points)

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Problem 5. Suppose that you decide on the order quantity Q. Let Q be the EOQ. Prove that if Q=2Q, the combined holding and setup costs are at most 25% greater than at the EOQ. (8 points)

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