Consider the EDQ model with plarmed shortages. as presented in See.3 ofthe textbook. Suppose, however, that the constraint SEQ = {1.3 is aided to...

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Consider the EOQ model with planned shortages, as presented in Sec. 18.3 of the textbook. Suppose, however, that the constraint S/Q = 0.8 is added to the model, where Q is the order quantity and S is the inventory level just after a batch of Q units is added to inventory.

2. Consider the EDQ model with plarmed shortages. as presented in See. 13.3 ofthe textbook.Suppose, however, that the constraint SEQ = {1.3 is aided to the model, where Q is the ordu qwmtit},r and S is the inventory level just after a batch of Q units is added to traitor-y. Required:Derive the expressions. for the optimal value of Q using the result for this model that the total cost per unit time is fineredisthedermdratexisthesotupoorhsistheuniteostofordering,histheuuitholding cost, andp is theunit shortage cost.