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Answer the question below, Please find attached file for more information....
a)Calculate the expected total pro fit per unit.
b)What is the effect of different defective rates on optimal order quantity, backorder quantity and expected total pro t per unit? Please display your results graphically as well as a brief description.
Attachment:- assignment_file.pdf
Select the appropriate forecasting method and forecast the demand for the years 2010 to 2012. Determine the production and subcontracted quantities per quarter.
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