Question: QUESTION 4 Etsy s & Company orders a particular type of Christmas decoration once a year. The purchasing price is $ 6 per unit. It
QUESTION
Etsys & Company orders a particular type of Christmas decoration once a year. The
purchasing price is $ per unit. It costs $ to hold one unit in stock and there is a shortage cost
of $ per unit. The demand density function is given by
&
Find the optimal order quantity if the amount on hand before an order is placed is i units,
ii units.
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