Consider the Following Recursive Definition,where N Is a Positive Integer

question 12

Short Answer

Consider the following recursive definition,where n is a positive integer.
F(1)= 3
F(n)= F(n - 1)+ 1 if n > 1
The value of F(3)is ____________________.

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Definitions:

Reorder Period

The time interval between placing orders for supplies or inventory to replenish stock.

Lead Time

The total time that elapses between the initiation and completion of a process, such as the period from placing an order to delivery of a product.

Re-Order Point

The reorder point is the level of inventory that triggers an action to replenish that particular inventory stock, ensuring a seamless operation without stockouts.