Question: Alinear programming computer package is needed The Silver Star Bicycle Company will be manutacturing both men's and women's models for its Essy-Pedal 10-speed bicycles during

Alinear programming computer package is needed

Alinear programming computer package is needed The Silver Star Bicycle Company will be manutacturing both men's and women's models for its Essy-Pedal 10-speed bicycles during the next two months. Management wants to develop a production schedule indicating how many bicycles of each model should be produced in each month. Current demand forecasts call for 150 men's and 125 women's models to be shipped during the first month and 200 men's and 150 women's models to be shipped during the second month. Additional data are shown. Model Production Costs Labor Requirements (hours) Manufacturing Assembly Current Inventory Men's $120 2.0 IS 20 Women's $90 1.6 LO 30 Last month the company used a total of 1,000 hours of labor. The company's labor relations policy will not allow the combined total hours of labor (manufacturing plus assembly) to increase or decrease by more than 100 hours from month to month. In addition, the company changes monthly Inventory at the rate of 2% of the production cost based on the inventory leves at the end of the month. The company would like to have at least 25 units of each model in inventory at the end of the two months. Only integer amounts of bicydes can be produced ) , . (a) Establish a production schedule that minimizes production and Inventory costs and stories the labor smoothing, demand, and inventory requirements. men's modes in month 1 bicycles women's model in month 1 bicycles men's modes in month 2 bicycles women's model in month 2 bicycles Total Cost + What inventories will be maintained Inventory Schedule men's made in month bicycles women's model in month 1 bicycles men's made in month 2 bicycles women's model in month 2 bicycles What are the monthly Isbor requirements? previous month his month 1 hes month 2 Ihrs b) the company changes the constraints so that monthly labor increases and decreases could not exceed so hours, what would happen to the production schedule? men's mode in month 1 bicycles women's model in month 1 bicycles men's model in month 2 bicycles women's model in month 2 bicycles Total Cost How much will the cost increase

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