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3. A company wants to plan the production amounts for the first six months of a year. Demands, production costs, holding
Posted: Sat May 07, 2022 7:41 pm
by answerhappygod
- 3 A Company Wants To Plan The Production Amounts For The First Six Months Of A Year Demands Production Costs Holding 1 (108.36 KiB) Viewed 39 times
3. A company wants to plan the production amounts for the first six months of a year. Demands, production costs, holding costs and shortage costs are given in table below. Company has 100 units of product in January and wants to hold 100 units of stock to other time period (after June). Units sold in a month cannot be higher than demand and product amount after production is done. Write a model to minimize total cost of company. Feb 800 Mar Apr May June 500 1200 800 1000 15 14 11 12 12 Jan Demand 700 (unit) Production 10 Cost (TL) Holding 1 Cost (TL) Shortage 14,5 Cost (TL) 0,7 0,9 0,7 0,5 0,4 14,5 14,5 15 15 15