Question: ABC bikes produces two types of bikes: men's and women's bicycles. The following table represent the next four months demand forecast for both types. Type/month

ABC bikes produces two types of bikes: men's and women's bicycles. The following table represent the next four months demand forecast for both types. Type/month Women's Men's July 120 150 August 180 50 Production requirements and costs for each model are summarized in the following table: Type Assembly Production Time Cost($/bike) (hr/bike) Women's 2.5 Men's 2 $180 $150 Cost of Production invente On Ha if overtime at the used $200 $170 end of June 50 20 In each month the production capacity of the assembly line and possible extra overtime on the line are given Available working hours Overtime working hours allowed Note that if you produce more than the demand you can keep them in the inventory for the following months; and you can sell the bikes that are left in stock from the previous months during the current month. If a men's bike is sold for $250 and its inventory holding cost is $10/month and a women's bike is sold for $200 and its inventory holding cost is $7/month, what would be the best production scheme so that all the demand are satisfied and our revenue is maximized?

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