2. Inventory Control The demand for an item over the next four quarters is 300, 400, 450, and 250 units, respectively. The price per unit starts at $20 in the first quarter and increases by $2 each quarter thereafter. The supplier can provide no more than 400 units in any one quarter. Although we can take advantage of lower prices in early quarters, a storage cost of $3.50 is incurred per unit per quarter. In addition, the maximum number of units that can be held over from one quarter to the next cannot exceed 100 1) Define your decision variables. Also try to draw a visual representation of the problem, 2) Formulate an LP problem that minimizes the cost while meeting the demand for the item. 3) Solve the LP using LINDO (attach a printout of the LINDO output) 2. Inventory Control The demand for an item over the next four quarters is 300, 400, 450, and 250 units, respectively. The price per unit starts at $20 in the first quarter and increases by $2 each quarter thereafter. The supplier can provide no more than 400 units in any one quarter. Although we can take advantage of lower prices in early quarters, a storage cost of $3.50 is incurred per unit per quarter. In addition, the maximum number of units that can be held over from one quarter to the next cannot exceed 100 1) Define your decision variables. Also try to draw a visual representation of the problem, 2) Formulate an LP problem that minimizes the cost while meeting the demand for the item. 3) Solve the LP using LINDO (attach a printout of the LINDO output)