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Questions and Answers
What policy does the company use to decide how much to order?
What policy does the company use to decide how much to order?
- Sine wave policy
- Logistic policy
- Linear policy
- (s,S) policy (correct)
What are the times between demands described as in the problem statement?
What are the times between demands described as in the problem statement?
- Exponential random variables (correct)
- Normal random variables
- Uniformly distributed random variables
- Poisson random variables
What is the size of the demands described as in the problem statement?
What is the size of the demands described as in the problem statement?
- Uniformly distributed random variables
- Bernoulli random variables (correct)
- Poisson random variables
- Exponential random variables
How is the delivery lag described in the problem statement?
How is the delivery lag described in the problem statement?
What is the cost of Z items described as in the problem statement?
What is the cost of Z items described as in the problem statement?
What kind of random variables are used to represent the size of the demands in the problem statement?
What kind of random variables are used to represent the size of the demands in the problem statement?
What kind of random variables are used to represent the times between demands?
What kind of random variables are used to represent the times between demands?
What is the size of the demands described as in the problem statement?
What is the size of the demands described as in the problem statement?
What policy does the company use to decide how much to order?
What policy does the company use to decide how much to order?
How is the delivery lag described in the problem statement?
How is the delivery lag described in the problem statement?
What are the times between demands described as in the problem statement?
What are the times between demands described as in the problem statement?
How is the cost of Z items described in the problem statement?
How is the cost of Z items described in the problem statement?
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