“…Note that x þ i ¼ max (0, x i ), x À i ¼ max(−x i , 0); c þ i and c À i are the inventory and backlog costs for part-type i per unit of product per unit of time, respectively. As shown in Kibouka et al (2016), given that the setup cost is consumed at the beginning of the operation, the instantaneous cost as a function of the setups, denoted by R(. ), is therefore given by the following expression:…”