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Suppose that production planning is to be done for the next 5 months, where the respective demands are r_{1} = 2, r_{2} = 4, r_{3} = 2, r_{4} = 2, and r_{5} = 3. The setup cost is $4,000, the unit production cost is $1,000, and the unit holding cost is $300. Use the deterministic periodic-review model to determine the optimal production schedule that satisfies the monthly requirements.
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