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You are the owner of a company which produces shoes. This is a seasonal business, but year to year, the demand patterns are stable. Due to your equipment constraints, the total number shoes you can produce in a season is limited to 1,500 pairs. You can, however, keep an inventory of shoes at a holding cost of $0.20 per pair per season. The demand in each season is as follows: 2700, 400, 200, 950. What is the best production plan that you can devise?

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