Production and Operations Analysis, Seventh Edition
Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 1, Problem 47AP
Summary Introduction

To determine: The optimal number of years required between new serial plant openings.

Introduction: From the past experiences, a steel manufacturer can evaluate the present and the future circumstances of the firm. It can also predict the optimal timing of opening new plants.

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