Question: Hello, may you solve this question related to linear programming model? REMEMBER: the company has an initial inventory of 10 items. Question 2 (20 points)

Hello, may you solve this question related to linear programming model? REMEMBER: the company has an initial inventory of 10 items.

Question 2 (20 points) The demand for an item over the next four quarters is 250, 350, 420 and 310 units, respectively. The price per unit starts at $20 in the first quarter and increases by $2 each quarter thereafter. The supplier can provide no more than 370 units in any one quarter. Although we can take advantage of lower process in early quarters. A storage cost of $3 is incurred per unit per quarter. In addition, the number of units that can be held over from one quarter to the next must be 100 or less, and the company has initial inventory of 10 items. Develop LP model to find optimum schedule for purchasing the item to meet the demand. Do not solve

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