Question: I need the MATLAB code for the following question: 9 Donovan Enterprises produces electric mixers. During the next four quarters, the following demands for mixers

I need the MATLAB code for the following question:

I need the MATLAB code for the following question: 9 Donovan Enterprises

9 Donovan Enterprises produces electric mixers. During the next four quarters, the following demands for mixers must be met on time: quarter 1-4,000; quarter 2-2,000; quarter 3--3,000; quarter 4-10,000. Each of Donovan's workers works three quarters of the year and gets one quarter off. Thus, a worker may work during quarters 1, 2, and 4 and get quarter 3 off. Each worker is paid $30,000 per year and (if working) can produce up to 500 mixers during a quarter. At the end of each quarter, Donovan incurs a holding cost of $30 per mixer on each mixer in inventory. Formulate an LP to help Donovan minimize the cost (labor and inventory) of meeting the next year's demand (on time). At the beginning of quarter 1, 600 mixers are available

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!