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Simple Inventory Model
Firstly, the product level initiates a demand, which generates a demand at the component level and then in turn at the raw material level. Think of an amplifier for an audio system. Firstly, the finished product. This is disassembled into its major components and in turn the major components are constructed from raw materials.
Plot the demand schedule and draw the demand curve for the data given for Marijuana in the case above?
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f(x1 x2,x3,x4) =min(x1/4x22/3,x3+2x4)
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