Question: Demand for a product for next three months are 2, 3, 2 (in thousands) units, respectively. Production costs are $10 per unit for months I

Demand for a product for next three months are 2,
Demand for a product for next three months are 2,
Demand for a product for next three months are 2, 3, 2 (in thousands) units, respectively. Production costs are $10 per unit for months I and 2, and $12 per unit for month 3. 4 Production capacity is 4000 units for a month. Storage capacity is 3000 units. Assume that initial inventory level is 0 unit. Find an optimal production schedule for the product by using dynamic programming. EXAMPLE 3 . Demand for a product for next three months are 2, 3, 2 (in thousands) units, respectively. Production costs are $10 per unit for months I and 2, and $12 per unit for month 3. Production capacity is 4000 units for a month. Storage capacity is 3000 units. Assume that initial inventory level is 0 unit. Find an optimal production schedule for the product by using dynamic programming. 12 Demand for a product for next three months are 2, 3, 2 (in thousands) units, respectively. Production costs are $10 per unit for months I and 2, and $12 per unit for month 3. 4 Production capacity is 4000 units for a month. Storage capacity is 3000 units. Assume that initial inventory level is 0 unit. Find an optimal production schedule for the product by using dynamic programming. EXAMPLE 3 . Demand for a product for next three months are 2, 3, 2 (in thousands) units, respectively. Production costs are $10 per unit for months I and 2, and $12 per unit for month 3. Production capacity is 4000 units for a month. Storage capacity is 3000 units. Assume that initial inventory level is 0 unit. Find an optimal production schedule for the product by using dynamic programming. 12

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