Question: Compute a mixed - hybrid production plan using a combination of inventory, overtime, subcontracting, hiring and firing and calculate its total cost. For this plan,
Compute a mixedhybrid production plan using a combination of inventory, overtime, subcontracting,
hiring and firing and calculate its total cost. For this plan, the maximum number of employees that
can be hired or laidoff in a single period at one time is this is only per period; not the entire plan
Furthermore, subcontractors can only supply up to additional units per month and each employee
can produce extra units per month on overtime. Also, they are not allowed to use overtime nor
subcontracting to build inventory. This mixedstrategy hybrid plans cost MUST be less than the
previous two plans.
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