Question: Q. 5) For the EOQ model with back orders allowed, determine (a) the average length of time it takes to meet demand for a unit.

Q. 5) For the EOQ model with back orders allowed,

Q. 5) For the EOQ model with back orders allowed, determine (a) the average length of time it takes to meet demand for a unit. (b) the fraction of all demanded units that are back ordered. Q. 5) For the EOQ model with back orders allowed, determine (a) the average length of time it takes to meet demand for a unit. (b) the fraction of all demanded units that are back ordered

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