Question: Your client is a company who would like to optimize the economic order quantity to reduce the annual cost. The inventory is depleted at the

Your client is a company who would like to optimize the economic order quantity to reduce the annual cost. The inventory is depleted at the rate of units per year.
The annual cost is:
C=hQ2+sQ
Where s is the ordering cost, c is the unit cost. and h is the holding cost. In this problem we consider that =9000,s=0.004,h=8
Use the golden search and complete the 4 first iterations to find the optima EOQ. Let the search be within the interval [1,6].In iteration 0 what is the value for a?
 Your client is a company who would like to optimize the

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