The TV company of the product mix example realized that it can not sell as much Astro
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Question:
The TV company of the product mix example realized that it can not sell as much Astro sets as it produces. The demand for the next five days is rather limited and is given by 40; 30; 90; 80 and 30 respectively. Currently, the company has no sets in inventory. TV sets produced in a day can be used either to meet that day's demand, or be held in inventory for use later. Each set in inventory is charged $8 per day to reflect carrying costs. How should the company produce to meet its demand for Astro sets during the next five days at maximum profit?
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