Suppose we have found the optimal (R, S) policy for theback-ordered case and that S 50. Is the following true orfalse?The optimal S for the lost sales case has S 50.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter11: Simulation Models
Section11.2: Operations Models
Problem 1P: If the number of competitors in Example 11.1 doubles, how does the optimal bid change?
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Suppose we have found the optimal (R, S) policy for the
back-ordered case and that S 50. Is the following true or
false?
The optimal S for the lost sales case has S 50.

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