Question: 1) ArkTec assembles PC computers for private clients. The orders for the next four quarters are 400, 700, 500 and 200, respectively. ArkTec has the

1) ArkTec assembles PC computers for private
1) ArkTec assembles PC computers for private clients. The orders for the next four quarters are 400, 700, 500 and 200, respectively. ArkTec has the option to produce more than is demanded for the quarter, in which case a holding cost of $100 per computer per quarter is occurred. Increasing production form on quarter to the next requires hiring additional employees, which increase the production cost per computer in that quarter by $60. Also, decreasing production form on quarter to the next would require lying off employees, which results in increasing the production cost per computer in that quarter by $50. How should ArkTec schedule the assembly of the computers to satisfy the demand for the four quarters? Instructions 1. Define variables (5 points) 2. Restrictions (8 points) 3. Objective Functions (3 points)

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