Question: ) BestView, Inc. manufactures computer monitors. It needs to develop an aggregate production plan for the next four months from November to February. The company
BestView, Inc. manufactures computer monitors. It needs to develop an aggregate
production plan for the next four months from November to February. The company manufactures
several types of monitors, however it uses an average unit for aggregate planning purposes. Each
worker works hours a day and may be forced to work up to hours of overtime per day. It takes
hours to produce each monitor one worker Inventories and backorders are allowed but all demands
must be met at the end of February. The additional data is as follows:
Month November December January February
Demand
Regular time labor cost: $hour
Overtime labor cost: $hour
Backordering cost: $unitmonth
Holding cost: $unitmonth
Workforce at the end of October: workers
Work days: daysmonth
Inventory at the end of October: units
Formulate a linear model to minimize BestViews costs.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
