Question: 3 0 0 8 0 0 8 5 0 9 0 0 1 2 0 0 1 8 0 0 the production line. The plant
the production line. The plant operates days a month, eight hours each day. Production of a router takes minutes, Each worker is paid $ per hour with a percent premium for any overtime $ The plant currently has employees. The cost of hiring a worker and provide him with training is $ It is possible to lay off a w
$ as compensation.
Overtime is limited to hours per employee per month. FineFactory starts with an initial inventory of units and needs to end June with at least units.
The cost of making a unit of the product is $ Units of the products that are exceeding demand are kept in inventory for the upcoming months, at a marginal cost of $onth. On the other hand, the company can backlog stockouts and supply the unmet demand from the following month' production, at a marginal cost of $ unitmonth No subcontracting is possible.
The company establishes its aggregate production plan using a linear programming model, in which the objective is to determine a feasible productionhiringstocking plan that would minimize the company' otal operation costs.
List precisely the model's decision variables with their definitions.
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