Question: Ex . 3 . From past data, the production manager of a factory knows that, by varying his production rate, he incurs additional costs. He

Ex.3.
From past data, the production manager of a factory knows that, by varying his production rate, he
incurs additional costs. He estimates that his cost per unit increases by $0.50 when production is
increased from one month to the next. Similarly, reducing production increases costs by $0.25 per
unit. A smooth production rate is obviously desirable.
Sales forecasts for the next twelve months are (in thousands):
June's production schedule already has been set at 4000 units, and the July 1 inventory level is
projected to be 2000 units. Storage is available for only 10,000 units at any one time. Ignoring
inventory costs, formulate a production schedule for the coming year that will minimize the cost of
changing production rates while meeting all sales demands. (Hint: Express the change in production
from month t to month t+1 in terms of nonnegative variables xt+and xt-as xt+-xt-. Variable xt+
is the increase in production and xt-the decrease. It is possible for both xt+and xt-to be positive
in the optimal solution.)
Can I have the solution in writing please
 Ex.3. From past data, the production manager of a factory knows

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