The problem is the same as in the previous , except that the factory must produce at one of two levels in each period t: 0 or qt. Once the factory starts up, it must run at least k periods before...

The problem is the same as in the previous , except that the

factory must produce at one of two levels in each period t: 0 or qt. Once the

factory starts up, it must run at least k periods before shutting down, and

there is a startup cost of ft. Write a recursion to minimize cost. Hint: Use

a second state variable to represent how long the factory has been running

since the last startup.