Mathematics, 07.04.2020 18:57 juliannabartra

9. Consider an inventory system in which the sequence of events during each period is as follows: (1) We observe the inventory level i at the beginning of each period. (2) If i ≤ 1, (4-i) units are ordered. If i ≥ 2, 0 units are ordered. The probability of demand in any period has been observed over time to be equal for 0, 1, or 2 units. Analyze the ordering process.

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9. Consider an inventory system in which the sequence of events during each period is as follows: (1...